Bounce and gap up on open nice to pick up that position on Friday @2.980 off the chart and closed out $3.160 this was more anticipated to rise than sink.
Following patterns and trends that BMN throws out is what i try to anticipate as it very often gaps on opens up or down and as I'm a trader of CFDs this type of high-volume liquid stocks are what i look for both ways long or short.
I also hold stock for the long term as I'm bullish in the long term but why let the big boys have all the fun bashing the price around when you can make money as well. The run up to near 4 dollars was always going to met with selling so hard did it run up and that was how i read the play anyhow.
Same for the sell down and Friday was well into oversold call it speculation but when the odds stack in your Favour that's when you pull the trigger.
News: BMN Bannerman Energy Says Gavin Chamberlain To Be New CEO, page-32
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Last
$3.71 |
Change
-0.030(0.80%) |
Mkt cap ! $567.0M | |||
| Open | High | Low | Value | Volume |
| $3.72 | $3.83 | $3.71 | $2.398M | 642.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 32245 | $3.71 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.74 | 300 | 1 |
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| Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
| BMN (ASX) Chart |