Technical traders would have seen this mark a strong support potential & would have been ready to buy.
Shorters would have taken $1.30 mark as a point to cover their shorts. The volume after it hit $1.30 was over 600k, so imo they were big buyers in the arvo.
Tomorrow it might try to test todays lows ... that generally is the litmus test of strength & support. If she goes down & buyers come in giving support, then todays hammer would be a "genuine" one, and will probably mark the bottom & signal a revearsal
cheers
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Last
$2.19 |
Change
-0.050(2.23%) |
Mkt cap ! $387.5M |
Open | High | Low | Value | Volume |
$2.30 | $2.31 | $2.17 | $884.5K | 401.0K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
11 | 14654 | $2.18 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$2.19 | 8188 | 14 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
10 | 5572 | 2.180 |
17 | 39073 | 2.170 |
10 | 14784 | 2.160 |
14 | 48421 | 2.150 |
5 | 81654 | 2.140 |
Price($) | Vol. | No. |
---|---|---|
2.190 | 5894 | 13 |
2.200 | 12050 | 7 |
2.210 | 10405 | 7 |
2.220 | 7000 | 3 |
2.230 | 4540 | 2 |
Last trade - 15.00pm 03/09/2024 (20 minute delay) ? |
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BMN (ASX) Chart |