I've tried charting BKT but it keeps breaking any sort of trend it's tried to establish. The way the chart looks now is pretty ugly as it rolls over and I suppose visiting $0.12 in the not too distant future. The last time it hit that was December last year and the RSI was sitting at 23. I read today that a few investment houses think that the Fed will hold off on raising rates (next week?) on the back of the collapse of the Silicon Valley Bank as the banking sector comes under increasing pressure. It's that sort of news at the very minimum that we need to bounce and maybe get back up to mid channel 16 cents and higher. Fingers crossed - all the best out there.
BKT Price at posting:
13.0¢ Sentiment: Hold Disclosure: Held
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