Someone posted a few days ago about how the chart shows a sell off to 29.5c would happen and this would be the base from which I much bigger move would happen.
Recently another hold of mine (MTM) that came to the attention of fundies and insto’s……rallied hard into the 25c range….got a bunch of press attention, all positive, then sold off down to 12.5c where it sat for a bit before rallying to +50c .
point is, the charting bloke is right, sometimes these unexplained selloffs are deliberate and an opportunity for the sharks to scare weak hands and accumulate at a low range again.
given BOT has only had good news lately, I’m willing to bet that the bigger move upward is indeed in the works. It’ll take all of June to fester given sales figures not due to July and more weak handed tax selling etc…..but as all of you believers have said many times…..the product and the TAM are too good to deny…. I’m happy to snap up additionals at this price and reduce my average .
BOT Price at posting:
30.0¢ Sentiment: Hold Disclosure: Held
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