BML 2.54% 9.6¢ boab metals limited

BML Chart, page-26

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    A Chart showing some useful indicators.
    Note the divergence in the macd indicator compared to the chart direction over the past approx 30 days, This is a sign that the sentiment is changing. The turning up of the DMI and the williams are positive at his stage of the cycle.
    The money flow indicator shows just that. the shorter bars indicate more money flowing into the stock as the week has passed even though the price chart has been going down. I have highlighted the explained sections. The weekly chart confirms the daily chart. The scale of horizontal lines indicate the double bottom and the distance that the price ran up between the two lows which is a sign of an expected upward movement and how far we might expect it to run. .60 sounds ok with me. Hope this helps.
    Another indicator I use is the measurement of time by degrees, not shown here but a critical date is the 1st or 2nd of October so I would expect that this week the chart might stay flat until time is up. Disclosure. I bought at the open today to top up.https://hotcopper.com.au/data/attachments/3625/3625547-c70c89b9db01a1d41c054a1291038d05.jpg
 
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Last
9.6¢
Change
-0.003(2.54%)
Mkt cap ! $22.40M
Open High Low Value Volume
9.8¢ 10.0¢ 9.5¢ $21.16K 220.3K

Buyers (Bids)

No. Vol. Price($)
1 275209 9.6¢
 

Sellers (Offers)

Price($) Vol. No.
10.0¢ 23124 2
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Last trade - 16.10pm 23/07/2024 (20 minute delay) ?
BML (ASX) Chart
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