You can see why I have exited the market the last week or so, and will stay out of it until after July 1. Besides my core BMN, EXT & PDN holdings, and a few smaller holdings in some of my preferred stocks, otherwise standing aside.
Too much manipulation in the markets ATM (of course dont tell the ASX that!!).
Its not just BMN, its right across the market. If you are not buying or selling, do yourselves a favor & go spend the time with your families. Come back after July 1, and enjoy the rest of the year ... its going to be a ripper.
Just a technical note - The Stochastic on BMN is almost at an all-time LOW!!!! It didnt even get this low when BMN hit 22 cents last year!
It has reached a rebound point, and even though the bot seller is trying as hard as he can to smash BMN through stop loss hits, it has to hit an oversold point very soon. Technically, it should not be able to go much lower than this!
As I said, its just plain ridiculous.
I am off to the movies ... see you guys around!!
ridiculous
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Last
$2.80 |
Change
-0.040(1.41%) |
Mkt cap ! $492.1M | |||
| Open | High | Low | Value | Volume |
| $2.80 | $2.85 | $2.74 | $790.3K | 283.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1250 | $2.79 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.80 | 669 | 1 |
View Market Depth
| Last trade - 16.10pm 30/07/2024 (20 minute delay) ? |
| BMN (ASX) Chart |