As anyone would know from reading this thread, I am a great supporter of BMN. Fundamentally, looks like it's got great long term potentatial. I have never denied this. I still own some!
However, looking at the chart, I see a very large H&S, which gives a downward target of $1.25! This is a pretty broad pluck, so, give or take a few cents here or there. I find it hard to see $2.25 support broken....
Do any other TA's see this? I am an amateur at this game, so happy to have some feedback.
Fundamentally, long term, I see them shoring up 125m lbs ++, and/or being taken over for quite a premium, which has been discussed through the thread, but this does not equate with this short term TA assessment at all.
My @ss he still owns some. Hes so full of it. 1.25? downramping as usual but no one can moderate his posts. Hopefully some more lemmings sold off his post just then.
BMN Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
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