BMN.AX (ASX)

BMN.AX ASX

Bannerman Energy

STAY IN CASH

2.5100

Prev.Close

2.5100

Change

0.0000

Change%

0.00%

BULLISH MEETING LINE

Sold at

2.9600

Open

2.4300

High

2.5200

Low

2.3700

2.5100

Gain%

-15.20%

Signal History

Date	Price	Signal	Change%		AUD100⇨
28/07	2.9600	SELL	-15.2%	✔	276
16/07	2.8300	BUY	+4.6%	✔	264
03/07	3.2300	SHORT	-12.4%	✔	236
30/06	3.3200	BUY	-2.7%	❌	244
26/06	3.2600	SELL	+1.8%	❌	244
16/06	2.7350	BUY	+19.2%	✔ 👍	205
29/05	2.8600	SELL	-4.4%	✔	206
23/05	2.7300	BUY	+4.8%	✔	197
14/05	2.9800	SELL	-8.4%	✔	197
23/04	1.8680	BUY	+59.5%	✔ 👍	124
16/04	2.1600	SHORT	-13.5%	✔	110
10/04	2.0600	BUY	+4.9%	✔	105
01/04	2.3900	SELL	-13.8%	✔	105
19/03	2.2650	BUY	+5.5%	✔	100

† Trade commissions are taken as 0.20%.

Pattern & Confirmation Chart for the Last 6 Months

Signal Update

Today's recommendation from our system is to STAY IN CASH. The previous SELL signal was issued on 28/07/2025, 7 days ago, when the stock price was 2.9600. Since then, BMN.AX has fallen by -15.20%.

Market Outlook

The market is finally starting to show signs of a potential bullish resurgence. Today, a bullish pattern has been detected. In light of the emerging market bullishness, the system has established new confirmation and stop-loss levels based on this pattern. The signal tells us to STAY IN CASH, but the chance of a bullish confirmation that will change the signal to BUY is quite high. The Delayed Intraday Module is ON. We highly recommend closely monitoring intraday price movements to maximize profits during the initial phase of a potential bull run.

Pattern Description

This pattern emerges during a downtrend. The first day’s black candlestick is succeeded by a white candlestick that opens significantly lower but closes at the same level as the previous session’s close. This pattern is akin to the Piercing Line pattern. However, the rebound on the second day differs. The Piercing Line’s second day closes above the midpoint of the first day’s body, whereas the Bullish Meeting Line’s second day closes at the same level as the first day. As a result, the Piercing Line is considered a more notable bottom reversal. Nonetheless, the Bullish Meeting Line also warrants due consideration. more...

Date	Price	Signal	Change%		AUD100⇨
28/07	2.9600	SELL	-15.2%	✔	830
16/07	2.8300	BUY	+4.6%	✔	796
03/07	3.2300	SHORT	-12.4%	✔	711
30/06	3.3200	BUY	-2.7%	❌	733
26/06	3.2600	SELL	+1.8%	❌	735
16/06	2.7350	BUY	+19.2%	✔ 👍	618
29/05	2.8600	SELL	-4.4%	✔	619
23/05	2.7300	BUY	+4.8%	✔	592
14/05	2.9800	SELL	-8.4%	✔	593
23/04	1.8680	BUY	+59.5%	✔ 👍	373
16/04	2.1600	SHORT	-13.5%	✔	330
10/04	2.0600	BUY	+4.9%	✔	316
01/04	2.3900	SELL	-13.8%	✔	316
19/03	2.2650	BUY	+5.5%	✔	300
13/02	3.0100	SELL	-24.8%	✔	301
30/01	2.8800	BUY	+4.5%	✔	288
21/01	3.0700	SHORT	-6.2%	✔	273
14/01	3.1100	BUY	-1.3%	❌	277
08/01	3.2600	SELL	-4.6%	✔	278
31/12	2.8800	BUY	+13.2%	✔ 👍	246
19/12	2.7200	SELL	+5.9%	❌	247
10/12	2.7700	BUY	-1.8%	❌	252
23/10	3.2400	SHORT	-14.5%	✔	221
17/10	3.5300	BUY	-8.2%	❌	241
07/10	3.2700	SELL	+8.0%	❌	242
19/09	2.3400	BUY	+39.7%	✔ 👍	173
03/09	2.2200	SHORT	+5.4%	❌	184
28/08	2.3900	BUY	-7.1%	❌	199
02/08	2.7300	SHORT	-12.5%	✔	178
29/07	2.8200	BUY	-3.2%	❌	184
25/07	2.7500	SHORT	+2.5%	❌	190
23/07	2.9000	BUY	-5.2%	❌	201
17/07	3.1400	SHORT	-7.6%	✔	187
11/07	3.2600	BUY	-3.7%	❌	195
04/06	4.2900	SHORT	-24.0%	✔	158
30/05	4.4150	BUY	-2.8%	❌	163
23/05	4.5300	SELL	-2.5%	✔	164
22/05	4.7100	BUY	-3.8%	❌	171
09/05	4.4800	SELL	+5.1%	❌	171
29/04	3.7500	BUY	+19.5%	✔ 👍	143