BMT 5.88% 24.0¢ beamtree holdings limited

Okay micro/small cap stocks got smashed to smithereens in...

  1. 870 Posts.
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    Okay micro/small cap stocks got smashed to smithereens in January...

    Few things to note on the chart below

    1) BMT Fib retracement hit the 50% mark
    2) RSI hit the oversold mark (I normally use this indicator as a momentum trade than overbought/oversold)
    3) 200 day MA @$0.485
    4) The inverted hammer candle (blue arrow pointer on the chart) could signal a reversal....



    BMT Inverted hammer.PNG

    The inverted hammer....

 
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24.0¢
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No. Vol. Price($)
1 20905 24.0¢
 

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Price($) Vol. No.
25.5¢ 21124 1
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Last trade - 16.10pm 11/11/2024 (20 minute delay) ?
BMT (ASX) Chart
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