BBG 0.00% $1.05 billabong international limited

billabong looks over bought. sell time?

  1. 192 Posts.
    Might have another few cents in it but after bouncing off 7.11 up to 7.29 it looks over bought again. I think that the new substaintial shareholder was taking advantage of the knock down in price with a longer term view on BBG. But they'd be foolish to did it up much higher you'd think. Indicators show it as over bought on a daily and almost yearly basis.
 
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