Playthedoors,
Trending price action is one of the few things I've found to offer any degree of consistency in the financial markets. A couple of years ago BHP announced record a profit that also was the biggest profit ever in Australian corporate history but the share price dropped noticeably when the announcement came out. There's a wonderful trader getting around these boards here on HC who has a saying that comes up on the bottom of his posts: "The market can remain irrational longer than I can remain solvent". I'm not sure if he still displays it but the quotation has been in the forefront of my mind ever since I first read it. BUL owes me 0.22 cents and in reply to your question about where I think the price is going, I don't know.
I hope this helps![]()
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