BUD 0.00% 0.6¢ buddy technologies ltd

Sigh.. cringing at NOR comparison... 2c - 16.5c TA breakout,...

  1. 2,216 Posts.
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    Sigh.. cringing at NOR comparison... 2c - 16.5c TA breakout, just like so many other shares recently. It happens (E.g BRN, RY, people get burnt, on the way down it's always pass the parcel.

    BUD hasn't broken out yet or had that massive upswing... it'll come. If it booms to 30c+ off the first ann its common sense that it won't stay there, nothing goes up in a straight line... it may retrace to mid-low 20s, but that'll be the new base... and after every ann I am expecting the base to rise by 5-10c.

    As always the market decides, and in the present market conditions it's no surprise that a few small holders have the jitters. Sold down on minimal volume (20k parcels... definitely some kind of neighbourly chi-x bot)
    Last edited by notlistening14: 28/01/16
 
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