BPC burns, philp & company limited

charts, page-5

  1. 426 Posts.
    Intra-Day:
    In closer view, I think we are seeing much like many weeks back.
    There was a new peak, a Retrace back, then regroup to rise more. With a common battle when trying to break the last high.

    They also have that 'highest high' battle (from last year), so this is a tough area for them.

    Today the market deadened the chances for BPC. Next week should be better.
    If they make that move upwards (Mon-Tues) then it could be worth setting 71c or 72c as a "I am happy with that" metality, (but they would be 74c area) whilst seeing if they can make a break-out above that 74c area. If they get a run going they could do 80c within days (within next week). And getting the optimum will just be the usual luck of the draw! Thus the acceptance of anything from that 80c to 71c, depending on that luck of the exit decision.
    They don't seem to fall too fast ever. So hopefully that at least removes the "I can't believe they are diving, and I am doing nothing" syndrome!! hehe


 
watchlist Created with Sketch. Add BPC (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.