BCN 3.70% 2.6¢ beacon minerals limited

4C due this week. with pog having a very bullish few days, we...

  1. 98 Posts.
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    4C due this week. with pog having a very bullish few days, we could be looking at some solid gains in the sp for bcn.

    From TA perspective, the chart is a bit of a mess, with:
    * the uptrend from mid-november now stalled
    * macd nudging downwards
    * sp now under the 150 sma, which was previously fairly consistent support through November - January.
    * $0.036 is now a fairly significant consolidation level.
    * rsi is again heading towards oversold territory.

    however, the almost non-existent volume suggests we are roughly priced where the market is happy to see it. i find this strange personally, as my valuation model kicks out a significantly higher number. the 4c will give us an extra dose of confidence, and im tipping will see some entry from new holders patiently waiting for confirmation.
 
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Last
2.6¢
Change
-0.001(3.70%)
Mkt cap ! $97.67M
Open High Low Value Volume
2.7¢ 2.7¢ 2.6¢ $10.70K 406.6K

Buyers (Bids)

No. Vol. Price($)
5 654301 2.5¢
 

Sellers (Offers)

Price($) Vol. No.
2.6¢ 4224807 4
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Last trade - 13.25pm 08/07/2024 (20 minute delay) ?
BCN (ASX) Chart
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