Normal
BAU for me ticks a lot of boxes after its strong performance today.All initial breaks should be treated with caution until some sort of verification has occured.Here there is a long leadup to the break, with a solid base being built in a very thin range - basically trading between 15 and 18c for 3 months. Then there is a progressive volume increase leading up to the initial break. This is followed by a low volume pullback, and a higher volume rise to close above the initial breakout.Tech I'd be initerested on your thoughts on BMN after todays move lower.
BAU for me ticks a lot of boxes after its strong performance today.
All initial breaks should be treated with caution until some sort of verification has occured.
Here there is a long leadup to the break, with a solid base being built in a very thin range - basically trading between 15 and 18c for 3 months. Then there is a progressive volume increase leading up to the initial break. This is followed by a low volume pullback, and a higher volume rise to close above the initial breakout.
Tech I'd be initerested on your thoughts on BMN after todays move lower.
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