Hi all....it's been very quiet on this thread lately, I guess everyone is just watching and waiting until Wednesdays earnings announcement.
Watching the sp lately has been like watching someone swimming against the tide, albeit holding their own. Thursday's run to $4.70 odd was fantastic and I thought the tide had finally turned, only to see it retrace Friday to $4.56.
Still we have made progress this week, up from Monday's $4.38. I'm not a chartist, but someone who is tells me TA is still good for BLY, and if it and can break through the magic $5.00 and consolidate, indications are there is plenty of upside after that.
We shall see.......for those who care, I base my comments on fundamentals and TA.
Cheers
As always, DYOR
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