hoarsepower

ASX - BMN Bannerman Resources hitting 52 week highs

Long
hoarsepower Updated   
ASX:BMN   BANNERMAN ENERGY LTD
Position taken

52W High
Bollinger upper band breakout after some consolidation
Rel Volume 1.79
RSI 60-70
Higher Lows
OBV rising positive

Very tight stop, 1ATR.
Portfolio risk 0.5%

Just for fun!

Bannerman Resources Ltd. engages in exploration and operation of uranium mining projects. Its portfolio includes the Etango Uranium project. The company was founded on February 18, 2005 and is headquartered in Perth, Australia.


www.bannermanresources.com.au/
Trade closed manually:
Closing all positions and going to cash. Market too bearish for my liking.

www.abc.net.au/news/...-inflation/100135792

Also looking to consolidate from many to few holdings.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.