The market has had a solid run today. granted that the technicals have improved. Some of this change in sentiment has been on the back of take over rumours for BXB today by TOL. Fat chance, big move I would fade the move. Why? Toll has less than 3% of shares in today for BXB, if they were serious they would grab 10% straight up. 2. BXB market cap is twice that of TOL. How are they going to manage that?!!!! SPI 6069, Sell with Stop @ 6082 target low 6050s. Sell BXB $12.44, stop $12.72, target back to $12.10 region.
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- xjo and bxb to retrace slightly in afternoon
xjo and bxb to retrace slightly in afternoon
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