BAL - Chart, page-967

Strong finish to the day (and week). Shorters did everything they could to get SP below $10 but failed miserably lol.

We’ve hit the bottom and reached strong support in my opinion. There’s been months of consolidation between $9.20 and $10.00. Everything negative including SAMR delay and low growth of 10% has well and truly been factored in to the current price. Technically, it can’t go much lower, however the upside potential is huge.

If Norges and friends would just give up on making tiny profits with their intraday short trades, and let the price run by going long, one would think they’d make a lot more money. Yes they’ve done well shorting when the SP was much higher, but it’s now bled out. Time to change tactics.

SAMR along with associated revenue upgrades are knocking on the door. When that happens, nothing will stop this bull from charging north.