BMN 1.77% $2.88 bannerman energy ltd

Clear breakout of the wedge formation, on chart & volume as...

  1. 12,455 Posts.
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    Clear breakout of the wedge formation, on chart & volume as shown.

    Next target is the $1.30 ... should fall easily
    Then its the $1.40 ... now after the buildup, improvement in sector, increase in spot price to $51, and closeness to share deal, this shouldnt be a big barrier

    After that the potential target is $1.80, which is the same height as the flag pole on the wedge, and was the level of brief support back in July 08.

    The bull is back!!!

    :)


 
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Last trade - 16.10pm 06/11/2024 (20 minute delay) ?
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