BET 3.66% 7.9¢ betmakers technology group ltd

BET has been on a tear since the 0.081c low on 23rd. March with...

  1. 1,277 Posts.
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    BET has been on a tear since the 0.081c low on 23rd. March with the only breather being an outside day on the charts on 2nd. April. So it has basically run from 0.081c to 20c without a pull back. Most holders would be happy with that progression BUT at some point in time the share will stop for a breather, consolidate with a minor retracement. That's how shares usually react in strongly trending markets.

    Next week or so will be telling especially if some businesses are allowed to re-open on improved health issues. On current progression it is not unreasonable to suggest that BET could re-test the 30c area by the end of April but it wont be a straight line up by any means.

    A retracement back to 15c then appreciation past 20c would generate a nice buy signal. Probably best to buy the dips or just hang onto your position if a current holder. The big run up in the market prior to Easter may run into some profit taking soon. Markets will remain volatile. All IMO.
 
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Last
7.9¢
Change
-0.003(3.66%)
Mkt cap ! $76.24M
Open High Low Value Volume
8.0¢ 8.0¢ 7.9¢ $38.32K 479.9K

Buyers (Bids)

No. Vol. Price($)
6 733434 7.9¢
 

Sellers (Offers)

Price($) Vol. No.
8.1¢ 49945 1
View Market Depth
Last trade - 16.10pm 06/08/2024 (20 minute delay) ?
BET (ASX) Chart
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