Tibbs,
Just looking at the resistance point of view you are absolutely correct in pointing out the 70 cents level. Definetely the breakout after a month and a half of consolidation. This is the beginning of the breakour phase II which is a more traditional bolinger narrowing of the bands and expansion breakout unlike the december one which was just a trend reversal. The chart pattern is so similar to to EXT except the MMA are not fanning to indicate a persistent up trend. Time will tell if this is a sucker rally or a final trend change phase. It is looking very promising not since sept 07 for a similar pattern.
Cheers,
AJ
I am finally getting a warm feeling this time around after being so patient for so many years!!!
looks good on the charts, page-41
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Last
$3.25 |
Change
0.050(1.56%) |
Mkt cap ! $580.4M | |||
| Open | High | Low | Value | Volume |
| $3.22 | $3.29 | $3.15 | $1.446M | 446.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 620 | $3.24 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.29 | 9089 | 3 |
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| Last trade - 16.10pm 09/10/2024 (20 minute delay) ? |
| BMN (ASX) Chart |