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 ! $398.2M |
Open | High | Low | Value | Volume |
$2.30 | $2.31 | $2.17 | $673.0K | 304.2K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
11 | 21545 | $2.19 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$2.21 | 19305 | 20 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 19 | 2.200 |
11 | 22850 | 2.190 |
13 | 30737 | 2.180 |
11 | 46004 | 2.170 |
3 | 3012 | 2.160 |
Price($) | Vol. | No. |
---|---|---|
2.210 | 16762 | 16 |
2.220 | 14226 | 15 |
2.230 | 17117 | 10 |
2.240 | 8193 | 7 |
2.260 | 44632 | 4 |
Last trade - 13.15pm 03/09/2024 (20 minute delay) ? |
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BMN (ASX) Chart |