BUB 3.85% 13.5¢ bubs australia limited

BUB has essentially been in a Bear trend since the start of...

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    BUB has essentially been in a Bear trend since the start of 2018, notwithstanding 3 separate DCB's, each with decreasing intensity. Weekly momentum has been INCREASINGLY BEARISH for the full year, only fading slightly during each DCB, then gaining in bearish strength there afterward. Has recently had a break of TL support - now with a further break of 2018 lows at 0.44 support all but certain.

    SP should continue to move lower over the next several weeks to months for a full 100% retracement of the 2017 Bull rally and beyond imo.. GLTA.

    181208_BUB_W.jpg
 
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