BMZ interesting 2 days, massive volume and showing strength.
ASX:BMZ has had an interesting 2 days of trading, massive volume never seen before on the stock. Was looking good until the late selloff. Proximity to ASX:AVZ,ASX:4CE, and TTX. Plenty of interest in whether they can find much Lithium down there. Keeping my eye on it.
Has held it's uptred pretty well despite it's rapid rise, just starting to show signs of resistance (especially on the close), getting knocked back a lot throughout the day, but still powering forward. This could move a lot in either direction, see it as a good chance to judge market sentiment on new Litium ventures. ON this evidence you would say there is stil plenty of interest.
Some longer tmer potential resistance lying in wait, yet to see if it has the legs to challenege it yet.
Disclosure: I hold 4CE, have not held any of the other stocks motioned in this post.
Has held it's uptred pretty well despite it's rapid rise, just starting to show signs of resistance (especially on the close), getting knocked back a lot throughout the day, but still powering forward. This could move a lot in either direction, see it as a good chance to judge market sentiment on new Litium ventures. ON this evidence you would say there is stil plenty of interest.
Some longer tmer potential resistance lying in wait, yet to see if it has the legs to challenege it yet.
Disclosure: I hold 4CE, have not held any of the other stocks motioned in this post.
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