Looking at the technical analysis on the monthly chart, looks like this bad boy is about to breakout as the MACD is showing strong momentum and hasn't even broken into positive territory yet. Similarly the RSI is just above 50 and not anywhere near the Overbought territory yet. If positive sentiment continues, this suggests that the SP has a lot more room to run from here. A positive announcement regarding funding and mine construction, will then sustain the price rise and we could well be seeing +20c in 6 - 12 months time if not sooner.
BKT, page-7
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Last
5.8¢ |
Change
-0.001(1.69%) |
Mkt cap ! $73.82M | |||
| Open | High | Low | Value | Volume |
| 5.9¢ | 5.9¢ | 5.8¢ | $3.842K | 65.44K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 305225 | 5.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 5.9¢ | 154039 | 1 |
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| Last trade - 11.41am 04/07/2024 (20 minute delay) ? |
| BKT (ASX) Chart |