Love your work @batikit. I think the TA and fundamentals will see this do well towards weeks end and entry into ASX200. I don't place as much value towards any Chinese announcement as you however I believe it was insto's playing games. BAL is big enough now that if Chinese were to regulate the grey industry it would be easily overcome / possibly beneficial as BAL could then charge higher prices and create more direct channels into China thus damage the Diagous business model.
I think 16.5 was definitely an overbuy but since it has been Insto's playing games to load up stocks. Feel sorry for those that have had to sell for fear or personal reasons. We will see a pretty solid run into the end of FY16 now I believe.
GLTA, DYOR
BAL Price at posting:
$10.53 Sentiment: Buy Disclosure: Held
