Yes BLG. My fat finger didn't hit 9, so to reiterate: if support at 29c doesn't hold then it doesn't bode well.
Normally accumulation occurs in a tight range. A great example is BLG around 30/6/2016. Notice how it trades in a tight range with minimal volume? MFI and CMF are both increasing just prior to a big run. That is what I'm hoping will happen here! BLG seems to be range trading which is a sideways pattern. Not an accumulation pattern.
For a better understanding of accumulation I suggest you read about dark pools.
Remember, I'm just another bloke on the Internet!
- Forums
- ASX - By Stock
- EGR
- The Predicatble Squeeze
The Predicatble Squeeze, page-82
-
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add EGR (ASX) to my watchlist
(20min delay)
|
|||||
Last
9.7¢ |
Change
0.001(1.04%) |
Mkt cap ! $44.04M |
Open | High | Low | Value | Volume |
9.6¢ | 9.7¢ | 9.6¢ | $2.252K | 23.37K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 103696 | 9.6¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
9.8¢ | 15000 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 103696 | 0.096 |
2 | 49999 | 0.095 |
1 | 10000 | 0.093 |
4 | 46151 | 0.092 |
3 | 38207 | 0.091 |
Price($) | Vol. | No. |
---|---|---|
0.098 | 15000 | 2 |
0.100 | 168501 | 4 |
0.105 | 150000 | 1 |
0.110 | 220622 | 4 |
0.125 | 2864 | 1 |
Last trade - 15.17pm 18/09/2024 (20 minute delay) ? |
Featured News
EGR (ASX) Chart |