Hi friends,
Here is a chart update of BMN as at last Friday's close to provide a general idea of how the stock is doing technically at present.
There is a chart pattern, commonly called a BAT which is seen, occuring during an oversold location, with the following geometric measurements, for those technically inclined:
Completed Pattern info:
XA = 0.31
AB = 0.17 (0.55% of XA)
BC = 0.135 (0.79% of AB)
CD = 0.215 (1.59% of BC)
AD = 0.215 (0.81% of XA)
DE = 0.03 (0.14% of CD)
The completion of this BAT pattern at the price indicated on the chart generally provides grounds for some optimism because such a price pattern is seen to be a potential level for a rebound or retracement upwards soon as it is now oversold as can be seen from the chart. Imho, as long as there is no pattern failure ( price patterns are NOT guaranteed, they do fail ),it will not be amiss to watch for a hook up from the oversold area within the next few sessions....so let's watch.
May the best prices be yours,
dascore
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chart update - bat pattern in oversold region
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Last
$2.27 |
Change
-0.120(5.02%) |
Mkt cap ! $405.4M |
Open | High | Low | Value | Volume |
$2.41 | $2.44 | $2.23 | $820.9K | 356.5K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 10039 | $2.26 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$2.27 | 2203 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
5 | 10039 | 2.260 |
3 | 11436 | 2.250 |
2 | 419 | 2.240 |
4 | 7253 | 2.220 |
1 | 750 | 2.210 |
Price($) | Vol. | No. |
---|---|---|
2.270 | 2203 | 2 |
2.310 | 6889 | 3 |
2.330 | 2444 | 1 |
2.350 | 2136 | 1 |
2.440 | 20843 | 4 |
Last trade - 16.10pm 13/09/2024 (20 minute delay) ? |
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