Jul. 19 at 9:34 PM
$BMNR We're in oversold territory based on auto fib, Hull 9 on right says HMA. You have a registration coming. If there is no PR on Monday, we could test and bounce in the wedge between the green trend line and dotted resistance line. That purple line is a very big resistance line. Look at the large green, then the other green, the red. Look where the sp stopped. This week we will be breaking out of this consolidation. We break the purple line, we go 52 to 60 and thats the ceiling for now. SP 's can always go thru up or down. Next, we are below the 9 day and just below the 20 and above the green trend line. The gaps are between the white lines. So whats the play? I'm leaning in to buying IF we fill the gap or lower around
$29-32. Daily chart left shows the bottom of two support lines in yellow. aLooking for a trade This assumes going down then a reversal. Below right you see support of
$29.32 on 4 hours charts and also well below between
$12.50 4.50. Stock is basing for sure.