BKT 1.67% 5.9¢ black rock mining limited

BKT, page-17

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    Time to get up close and funky. Ok volume is on the rise. RSI has just moved into overbought but as we know a stock can stay above 70 for quite a while and is only a guide. Moving averages all fantastic. I should point out the 50 exp moving average has never seriously been breached since this was rerated with the broker report in January (so the clever ones have just been holding all along and buying the dips). I wasn't one of the clever ones lol. And to put the cherry on top we have the long green candle breaking and closing above 9. Now i don't have a crystal ball but one could make the assumption that we are in a bullish phase and the probability of more gains is greater than not. My conservative prediction is if no news monday still see about 5c gain to around 9.6/9.7c as has kind of been the trading pattern over the past week. If news comes out, well I'll leave the scenario for you to imagine but surely a 10% gain and a breach of 10c is on the cards.
 
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Last
5.9¢
Change
-0.001(1.67%)
Mkt cap ! $73.85M
Open High Low Value Volume
6.0¢ 6.0¢ 5.9¢ $57.82K 977.9K

Buyers (Bids)

No. Vol. Price($)
1 117712 6.0¢
 

Sellers (Offers)

Price($) Vol. No.
6.2¢ 49915 3
View Market Depth
Last trade - 10.03am 25/07/2024 (20 minute delay) ?
BKT (ASX) Chart
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