It is perfectly normal and healthy for shares to retrace 50% -...

It is perfectly normal and healthy for shares to retrace 50% - 61.8%.

On the most recent move of 1.7 to 5.4 the 50% retracement is 3.55 and the larger
fibonacci retracement is 3.12.

I don't consider that this company is about to fall out of bed so waiting patiently for good trading entries
will give you good returns.

However some who bought in at 1 cent may have a completely different perspective and may be
looking for a ten bagger and are happy to wait.

Both types of traders serve the market and provide liquidity.

And if you think big stocks are immune, think again. Telstra fell from $6.48 to $2.55 although the dividends
were good and BHP fell from $43.27 to $13.48 and then recovered to $42.33 - approx three years down
& three years up.

My personal view re BCN is that now is a very good entry point