Nothing to worry about such shooting star at the moment. IMO, it's usual profit taking/correction on Friday after nice long run for past week weeks.
Next couple of days will provide us new support level, which i believe could be around $2.10-$2.15.
You can't fully rely on one candle but need to look as Industry momentum, crude price, company future progress with increase production and cash flow etc....
OIL could reach as high as $100 in MT-LT if Iran sanction go ahead and OPEC keep denying to increase supply to meet upcoming demand. $BPT, $STO, $SXY and few more players will do well. $BPT to keep climbing up with higher reserve, increased production & greater cash flow
SP relative to Brent Crude, page-118
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Last
$1.48 |
Change
-0.023(1.50%) |
Mkt cap ! $3.376B | |||
| Open | High | Low | Value | Volume |
| $1.48 | $1.49 | $1.47 | $2.892M | 1.958M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 8155 | $1.48 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.48 | 146173 | 64 |
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| Last trade - 11.54am 24/06/2024 (20 minute delay) ? |
| BPT (ASX) Chart |