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BXN trade ideas

Finer Market Points: ASX Top 10 Momentum Stocks: 4 Feb 2025 BXN TSX:ATH SET:MVP XETR:RHK NYSE:PAR NYSE:PPL ASX:ESR NASDAQ:OPT NYSE:EBR ASX:MSB Momentum leading shares are the market's best performers today. They are the fastest-growing shares on the ASX over the last 90 days. These companies can't get to be leaders without first appearing on our Launch Pad list. The Launch Pad List is shared on Thursdays and the video interview published after market close on Fridays. Today's ASX's Top 10 Quarterly Momentum Stocks are: Bioxyne Limited (BXN) Alterity Therapeutics Limited (ATH) Medical Developments International Limited (MVP) Red Hawk Mining Limited (RHK) Paradigm Biopharmaceuticals Limited (PAR) Pureprofile Ltd (PPL) Estrella Resources Limited (ESR) Opthea Limited (OPT) EBR Systems, Inc. (EBR) Mesoblast Limited (MSB)
ASX:BXN
by ch886
Bioxyne Ltd (ASX: $BXN)Bioxyne Ltd (ASX: $BXN) is painting a bull flag. If it breaks out of the resistance at $0.91 I expect target to be between $1 to 1.20. The $0.91 is a very strong resistance as we can see now that the bears have refused to let the bulls through. This Australian life sciences and health products company is targeting the Asia market with its health and wellness products. One of the key products in its portfolio is its BK18 nutritional health drink which is made with dairy from Waikato, New Zealand and includes an immune boosting probiotic and a range of key vitamins. As we have seen with Blackmores Limited (ASX: $BKL), demand for health supplements in this market is extremely strong. Time will tell whether Bioxyne can take advantage of this demand.
ASX:BXNLong
by paper_value