BPT 2.05% $1.43 beach energy limited

stock price target $1.97, page-48

  1. 3,585 Posts.
    lightbulb Created with Sketch. 338
    Hi Michael, our charting friend would have been referring to the plunge on 30 April 2021. On that day the SP fell from $1.62 to $1.27 with over 100m shares traded. That sort of plunge leaves a 'gap' on charts. So chartists talk about filling a gap etc. Chartists can add value to a thread- you just need to work out for yourself how much weight to place on their insights.

    We have all probably noted by now that large 'gaps' following a plunge can be rectified by a good announcement. The rally in oil prices may lead to announcements with enhanced and positive numbers and any number of forward looking and bullish statements. Perhaps.

    I remember $2. I posted then that I would hold and that I was greedy for more. That gives you an idea of how much weight should be placed on my posts.

    IMHO DYOR
 
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Last
$1.43
Change
-0.030(2.05%)
Mkt cap ! $3.262B
Open High Low Value Volume
$1.45 $1.48 $1.43 $10.32M 7.155M

Buyers (Bids)

No. Vol. Price($)
13 189870 $1.43
 

Sellers (Offers)

Price($) Vol. No.
$1.44 23147 2
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Last trade - 16.10pm 25/07/2024 (20 minute delay) ?
BPT (ASX) Chart
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