BIL has of late been releasing bad news. It does not look good when it breaks below the support level of $4.49.
The next level of support is at $4.36...
If there is another earnings downgrade (especially with rising dollar and effect on profits from overseas operations) then this will push the stock lower. I doubt if it will hold at the $4.36 level if this is the case.
If it breaks the $4.36 level look to $3.80 to $4.20 level...
BIL Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held
