Humpe, firstly I rarely short stocks and definitely not small caps.
What do I make of the current daily uptrend? Not much. We have a little false break low in place but for that to be significant then the move up from that low should be quick and on good volume. We have neither here. This leads me to believe that we have not seen the low for BUL.
And of course, there is still the possibility of a gobsmackingly good announcement to come out and send the stock shooting skyward. In which case I will miss out.
BUL Price at posting:
9.0¢ Sentiment: Sell Disclosure: Not Held
