BAS 3.85% 7.5¢ bass oil limited

A very strong day today, not because we finished in green. From...

  1. 4,546 Posts.
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    A very strong day today, not because we finished in green. From a trading/chart perspective, a touch of 14 and reversing so strongly would be looking good on charts. Also from a sentiment perspective, it has sent a strong signal today.
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    After yesterday's drop and how it opened it today, many were calling the bluff. Even if they are not convinced now, I am sure there must be some doubts thrown into their theories.
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    A finish around 18.5 would have been good, but the way we started the day, I think we still did very well. Yesterday I had written I had wished 16.5 to finish, but we finished at 16c pushed in auction. In charts it would have looked like support is broken - may be that was the reason for open day. Of course, I have read some conspiracy theories as well.
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    I picked up some at 15.5c today - the way it was opening, I had bids at 13c - in case - so missed the good bottom. Also picked some oppies in 7s and 8s.
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    From a numbers perspective, next finish we should be looking for is 18.5 or above. Secondly, to make a new high over 22.5c. If we have both, it will be very bullish. Lets hope it turns out that way. All the best.
 
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Last
7.5¢
Change
-0.003(3.85%)
Mkt cap ! $21.78M
Open High Low Value Volume
7.5¢ 7.5¢ 7.5¢ $7.5K 100K

Buyers (Bids)

No. Vol. Price($)
2 382352 8.5¢
 

Sellers (Offers)

Price($) Vol. No.
8.3¢ 70726 1
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Last trade - 09.59am 26/08/2024 (20 minute delay) ?
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