I tend to agree with your assesment. Green on Red day is a good indication of a solid support base, coupled with a degree of confidence that there is a lot of so called "smart money' accumulating this stock.
The key for a monday run will the US job data coming out tonight. Good data and the ASX will rebound monday with punters looking for good quality undervalued stock.....like BRM.
If the data isn't so good then the current support base will likely to hold the SP at current values making BRM a good stock to invest into at the moment.
- Forums
- ASX - By Stock
- bought back in this morning...
I tend to agree with your assesment. Green on Red day is a good...
-
- There are more pages in this discussion • 22 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)