Bkl has been in a down trend since it hit $220
The stock took ages to form support and the spike just happened from no news, has been hard to predict where the sp go due to the bids are scattered in bits. I hv stopped trading this thing since few months ago , i get eye pain and headche looking at the price moving on tiny volume and couldnt form a good picture of whats going on....
When a high pe stock cannot continue qith growth this is what happened. At $130 i would say 75% long term holder bought during the media hype are now on a loss.
TA wise todays candle is a massive darcloud cover one has ever seen, will find support when the PE comes down to a realistic level, long road to go though
- Forums
- ASX - By Stock
- BKL
- BKL Chart
BKL Chart, page-496
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add BKL (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
CCO
THE CALMER CO INTERNATIONAL LIMITED
Anthony Noble, MD & CEO
Anthony Noble
MD & CEO
Previous Video
Next Video
SPONSORED BY The Market Online