BWX 0.00% 20.0¢ bwx limited

Movement in our Camp...., page-36

  1. 3,595 Posts.
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    What I said was that is was just normal cyclical movements. Prices go up and down in waves. The trend is up, so the medium term probability is that it will continue - after a pullback. This wave is complete on the balance of probabilities.

    The $4.60 pullback target is an approximate value based on a 50% retracement of the upward leg starting back in November last year. This is common.

    Timeframe? How about 07/06/17 @ 1.37pm. From there is will resume it's upwards trajectory until it encounters heavy resistance on 19/09/17 and trade in a 8-12c band as it tries to break through resistance for 11 trading days. Once through resistance it will continue upward and terminate 0m 19/12/17 at $6.56 just in time for you to buy some Sukin moisturiser for Xmas.

    I aint Nostradamus and neither are the six gumby analysts that work for the Financial Times.
 
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