BIL brambles industries limited

re: Brambles - Puts... Hi AcouchMarket sentiment and...

  1. nickoo
    1,816 Posts.
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    16/11/02
    15:27
    Post #: 82995
    re: Brambles - Puts... Hi Acouch

    Market sentiment and expectations of BIL are currently very low. Expectations are bad news at the Nov 25th AGM. If the news is good, or even just neutral, we're likely to see some type of rally.

    If there's another profit downgrade, however, another fall is likely.

    The $6.50 level i have mentioned doesn't hold any great significance. It's simply the mid point of the current move down, and also close to previous troughs.

    Let's just wait & see what eventuates...
    BIL Price at posting: 0.0¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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