I would suggest you beware the temptation to sell over the next few days unless you are forced to do so.
I expected late last week that the accumulator from last week would sell off a small percentage of his holding around now to drive the price down and trigger stop-loss responses. If what we are seeing this morning is the start of that process, then once the weaker hands have been flushed out, BRM should surge forward again with even more aggressive buying from the same source(s).
Just my opinion of course and I could be wrong, but we have all seen these scenarios unfold before and know how the game is played.
BRM Price at posting:
90.5¢ Sentiment: Hold Disclosure: Held
