BML 0.00% 9.1¢ boab metals limited

New Chart Analysis Thread, page-6

  1. 2,997 Posts.
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    My Elliott Wave count for BML. BML is in a falling wedge pattern that looks close to completing the wave 2 correction with positive divergence in the MACD and RSI. A break of the upper red trend line projects a target of 28/29c which is the falling wedge projected target which also coincides with the lower area of the blue box which is a Fibonacci projected target for wave 3. The upper level of the box for wave 3 is 38c.

    The (e) wave channel sits at 9.3c but does not have to hit this price but could break below 9.3c producing a false breakdown of the wedge before reversing and heading higher and breaking out, which would be extremely bullish.

    https://hotcopper.com.au/data/attachments/6257/6257468-8e87bdcb343668c35ffa718c1e50da71.jpg
 
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Last
9.1¢
Change
0.000(0.00%)
Mkt cap ! $21.23M
Open High Low Value Volume
9.2¢ 9.2¢ 9.0¢ $16.95K 186.7K

Buyers (Bids)

No. Vol. Price($)
1 37999 9.1¢
 

Sellers (Offers)

Price($) Vol. No.
9.3¢ 16286 1
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Last trade - 16.10pm 31/07/2024 (20 minute delay) ?
BML (ASX) Chart
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