BPT 1.40% $1.45 beach energy limited

Hi Michael, our charting friend would have been referring to the...

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    Hi Michael, our charting friend would have been referring to the plunge on 30 April 2021. On that day the SP fell from $1.62 to $1.27 with over 100m shares traded. That sort of plunge leaves a 'gap' on charts. So chartists talk about filling a gap etc. Chartists can add value to a thread- you just need to work out for yourself how much weight to place on their insights.

    We have all probably noted by now that large 'gaps' following a plunge can be rectified by a good announcement. The rally in oil prices may lead to announcements with enhanced and positive numbers and any number of forward looking and bullish statements. Perhaps.

    I remember $2. I posted then that I would hold and that I was greedy for more. That gives you an idea of how much weight should be placed on my posts.

    IMHO DYOR
 
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