Hi Gruppy,
I did say to Ryan on msn that bly is over for now, but that was more a short term day trading focus a few days ago.
Rob is still holding BLY, he paid 12c and I asked him yesterday on what he thinks, his words were just be patient. If you hold a long term view, just ignore the daily movement.
But if you want to take a short term view. BLY is now under Exponential Moving Avg (EMA) 5 for 6 days in a row, she is also under ema 195, as well as daily stochastic with the setting 15, 5, 3, is still pointing down and hasn't crossed it. Candle patterns are all red closing lower than open. MACD pointing down, DMI no good.
Feb and early March is always a tough time for the market. Just life.
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