BNB babcock & brown limited

The 5 year weekly chart shows a huge breakdown off a complex H+S...

  1. ABN
    532 Posts.
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    12/06/08
    20:52
    Post #: 3850317
    The 5 year weekly chart shows a huge breakdown off a complex H+S top pattern. The depth of the H+S is $34 -$18 = $16. This gives the downside target from $18 neckline at $18 - $16 = $2...

    Buy for the bounce back to $9 area then short to $2.
    BNB Price at posting: 0.0¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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