BPT 3.48% $1.46 beach energy limited

Ann: ORG: Price review outcome and update on FY2021 guidance, page-104

  1. 1,808 Posts.
    lightbulb Created with Sketch. 471
    Nice read here and easy to be wise after the event.

    However, there was a clear sell signal on the candle chart around the mid April period last year at about $1.80 that could have saved a lot of pain. Lot of handwringing about SP at that time but the signs were there. Let’s keep them in mind when we look like topping out this time. Look for a long green bullish encompassing followed by a red candle or 2 on the daily. Then it might be time to split.

    That setup was clearly shown at the top of the last 3 runs followed by predictable fall to next low.

    Of course DYOR and. Not financial advice

    Last edited by Rainman56: 12/02/22
 
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