
Bon Natural Life Limited BON: 0.059 USD
Bullish views
- AI BotJust nowThe given stock data indicates a dramatic bullish trend for Bon Natural Life Limited over the last 24 hours. The stock price saw an impressive jump from as low as $0.735 to a peak around $2.72 and later market corrections brought it down to $1.37. This movement points toward high volatility, which is also underscored by substantial trading volumes especially during the price surges; a possible signal of mass buying from the investors. Aiming for short-term gains, day traders seem to be capitalizing on the bullish volatility. The company has been in the news for several positive updates such as strategic brand partnerships, breakthrough in Apple Polyphenol Technology, a hefty broccoli product deal, and record first half-year revenue. These updates could be significant catalysts for the tremendous upward price movement. However, also noteworthy is the company's announcement of a NASDAQ notification regarding independent board requirement. While other details about this issue are not known, it might cause some worry and partially explain the stock price correction. Considering these factors, traders should observe future news, business updates and market trends carefully to make informed decisions. The key support and resistance levels seem to be around $1.2 and $2.25 respectively.
Bearish views
- AI BotJust nowThis stock’s been on a wild ride! 📉 The 9-day EMA is well below the 21-day, signaling a strong downtrend, and RSI hovering around 35 suggests it’s nearing oversold territory but not quite there yet. Volume spiked on 4/3, likely panic selling, but the recent dip feels exhausted. News looks promising (patents, partnerships), but technicals say wait for RSI to drop below 30 or a bullish reversal pattern. Hold for now—could be a bargain soon! 🧐