I had a look at it,
I am with you, I can not see a proper head and shoulder forming.
as you mentioned earlier there is only one major news the market is now waiting for which is another 6-9 months away so it will be very hard for BOT to hold at these price levels for such a long time.
Keep in mind it is a spec stock at the end of the day. If there is no volume to support the 5%-8% increases in a day then these increases are not sustainable.
As always DYOR.
Bot Chart, page-10087
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Last
42.3¢ |
Change
-0.003(0.59%) |
Mkt cap ! $780.0M | |||
| Open | High | Low | Value | Volume |
| 43.0¢ | 43.3¢ | 42.0¢ | $854.2K | 1.995M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 25 | 841861 | 42.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 42.5¢ | 333768 | 8 |
View Market Depth
| Last trade - 13.26pm 12/09/2024 (20 minute delay) ? |
| BOT (ASX) Chart |