BKL
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0.00% $94.73 blackmores limited

I reckon the worst has been priced in. Profit down 41%, ouch,...

  1. atomik
    1,744 Posts.
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    23/02/17
    18:26
    Post #: 22855475
    I reckon the worst has been priced in. Profit down 41%, ouch, though in April BKL was $200, so if anything BKL is oversold, RSI confirms this, check the 2yr chart. I suspect with the tightening bollinger bands BKL might be forming a double bottom, needs to stay above $100.
    BKL Price at posting: $102.95 Sentiment: Buy Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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