BAL
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0.00% $13.23 bellamy's australia limited

I hate to say this.. but its still not in oversold territory...

  1. Alterego1168
    1,525 Posts.
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    27/10/16
    20:42
    Post #: 20180369
    I hate to say this.. but its still not in oversold territory like i mentioned yesterday.

    The absolute bottom I would pick is $10.65,

    A2M in similar position.. downward momentum is strong.. absolute bottom is $1.50s

    Shorts might not be much tomorrow but has potential for new open shorts to push to new lows next week.

    Fresh capital from recommendation doesn't help. Just free money from weak hands/trigger loss to shorts.
    BAL Price at posting: $11.70 Sentiment: Sell Disclosure: Not Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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