We're all the same team here so let's just stick to the charts shall we?
Obviously due to the news, we've got a nice breakout from the falling channel. Looks like the short term demand zone was established at 0.07 - 0.075. Would love for the SP to re-test the 10 - 10.5c resistance zone before we see approval.
Should we head back to that level, I think it is likely that an approval would send the price at least to the 20c zone before a healthy retrace back to the 15-17c zone.
BPH Chart Technicals, page-302
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1.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $15.67M | |||
| Open | High | Low | Value | Volume |
| 1.3¢ | 1.3¢ | 1.2¢ | $28.50K | 2.371M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 1058624 | 1.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.3¢ | 1340704 | 6 |
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| Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
| BPH (ASX) Chart |