nice summary! Longs have definitely felt a mood lift last few weeks and plenty more to come as we all know. It’s always interesting to seperate the potential valuation from timing of rereate as they don’t act in sync.
from this post below from Access in May where he stated ‘this is the buy zone’ at 21.5c you had 4 months to buy as much as you wanted in the low 20’s (if following at that time)
even 5 weeks ago, and 4 months after that post, you could have bought at 23.5c as per below graph because NOONE was interested.
and now like early signs of spring volume hits. It won’t go up in a straight line, but it will get bigger and stronger volume in time and the register is tight as pointed out.
BCC Price at posting:
39.5¢ Sentiment: Buy Disclosure: Held
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