BAL
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0.00% $13.23 bellamy's australia limited

Seller depth has disappeared, re-rating taking place, shorts are...

  1. stillade
    1,959 Posts.
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    23/08/16
    11:37
    Post #: 18605310
    Seller depth has disappeared, re-rating taking place, shorts are still short. BAL has to have a decent blowoff before it consolidates and we haven't seen that yet, because the volumes are still too low.
    My bet= $20 by Xmas (with 1 or 2 pull backs) on the back of a good trading update in October post AGM
    BAL Price at posting: $14.89 Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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