Back from the gym, to see all the action on BCC. Seems there was a little flutter earlier. Seems now buyers are waiting, not sure whether to just jump in now, or whether they will get it any lower.
Let's be honest with the recent support, last week, at 5.2c to 5.5c, and being one week closer to spudding, with
regular monthly revenues coming through, with this obvious capping, with it's ability to jump 20% in a day
Do we really feel a few ticks less is going to make much difference in the greater scheme of things
There's enough of the quality members here backing BCC when it's ready to blow, it's now all about timing and what entry you feel is a good one.
For me, anything at these levels up or down a few notches is perfect. I'm annoyed by the capping we've seen, but am expecting mid to high 6's shortly.
At least todays bounce off the weekly fibonacci retrace level of 32.8% was a big positive.
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