The next bounce will be a sustained upward trend IMO as we now have our second confirmed target viper to drill out. The price appreciation will leave many on the sidelines waiting for that cheaper entry that never comes, Can the price fall lower from here? Sure it can, but wet season is over, drilling is around the corner, and this fact alone will bring in some long termers who are looking for the dust to settle. At least we know weak hands are being flushed out.
BGS Price at posting:
0.9¢ Sentiment: Buy Disclosure: Held
