BCN 4.17% 2.3¢ beacon minerals limited

BCN March Surprise, aka The Judd News, page-273

  1. 990 Posts.
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    My concern is the bear market trap that might happen. I read a bit about this in some old Stockmarket books around the Great Depression. Allan Kohler had a graph last night that explained it. see attached. not really a dead cat bounce but happens over a longer time when work/cash is required after the initial 30% fall. Similarities to GFC, false floors and rebound then drops sharply again.
    https://hotcopper.com.au/data/attachments/2060/2060203-b690338ffc209cbbae2f770f9f4640a7.jpg
    https://hotcopper.com.au/data/attachments/2060/2060206-28e2fab228943930d3d3d79235bff126.jpg
    https://hotcopper.com.au/data/attachments/2060/2060209-e4d7d3dc78a88faab5b4a2957925c665.jpg
 
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