Bassari Resources hits five-month high on spectacular volume...

Bassari Resources hits five-month high on spectacular volume

Bassari Resources Limited, Australia's 190th largest Materials company by market cap, traded at its 140-day high of 1.80c. Bassari Resources' stock price has soared 0.20c (13.3%) from its previous trading session to close at 1.70c. Compared with the All Ordinaries Index which fell 24.8 points (0.3%) in the day, the relative price increase was 13.7%. The rise has been propped up by spectacular volume of 5.0 times the average daily volume of 1.8 million shares. There were 9,035,368 shares worth $A153,601 traded today.
Bullish Turning Point
Price/MAP50
The P/MAP [Price/Moving Average Price] was previously below 1 and falling. These were bearish indicators. Bassari Resources's stock is now trading above its 50 day MAP at 1.53c, a bullish indicator.