Guys,
All hope is not lost. Historically these big capitulation events with BMN are closely followed by significant bounces. I characterise capitulation as touching or breaking through the bottom bollinger band as this means we are outside a couple of standard deviations of the recent trading range.
Check out these charts below to see what I mean:
March 2009-March 2010
March 2010-March 2011
They say fortune favours the brave, and if that is the case, the only question is how good are you at catching falling knives?
u price going back in the right direction, page-8
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 (20min delay)
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Last
$3.20 |
Change
-0.070(2.14%) |
Mkt cap ! $571.5M | |||
| Open | High | Low | Value | Volume |
| $3.22 | $3.27 | $3.11 | $1.899M | 593.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 500 | $3.18 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.22 | 3471 | 1 |
View Market Depth
| Last trade - 16.10pm 08/10/2024 (20 minute delay) ? |
| BMN (ASX) Chart |