The spike happened because BMN officially broke out of a long term downtrend that started mid april. Alot of technical traders joining in on the fun.
However to me this is a major sign that the fundamentals are beginning to be recognised by the market. Sentiment is beginning to shift.
Many of the fundies are yet to take a position.. but that will change once a solid bullish chart pattern emerges. Today is the first step towards that happening imo.
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Last
$3.30 |
Change
-0.170(4.90%) |
Mkt cap ! $589.4M |
Open | High | Low | Value | Volume |
$3.41 | $3.42 | $3.29 | $1.679M | 503.5K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 1784 | $3.30 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$3.36 | 8000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 10000 | 3.280 |
2 | 18000 | 3.270 |
2 | 8000 | 3.250 |
1 | 280 | 3.220 |
1 | 2500 | 3.200 |
Price($) | Vol. | No. |
---|---|---|
3.360 | 8000 | 1 |
3.400 | 5000 | 1 |
3.420 | 1668 | 2 |
3.440 | 5000 | 1 |
3.470 | 4445 | 3 |
Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
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BMN (ASX) Chart |