It is a previous supply level where price screamed south on the way down - some times they can be charts where it is a share with a different name but because the data is on everyones charts price tends to react as though it was BD1 anyway. Here's the BD1 350 weekly chart. Don't forget that this has been an ASX dog for years burning all and sundry regularly, including myself years ago. It could easily go to $26 then burn everyone all the way down again.
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- Day traders' after-market lounge February 15
Day traders' after-market lounge February 15, page-115
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