BNB babcock & brown limited

depth

  1. 1,858 Posts.
    Have been watching the depth this morning,sure BNB opened up down and after the initial panic quickly pulled up to the $1.20 range, once it did the Buy side started to thicken, started off ven with the Bell side and while the SP move between $1.22 & $1.25 the Buy side kept in front and now is 800K -1M better off, the price has also begun to firm up with a top of $1.27 so far.
    Some profit taking will push it down to the good support of $1.24 but if the over all market improves during the day I have a feeling that BNB will finish higher than current trades.
 
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