Text me if you have any questions/comments for me.
-----
BST
- Previous analysis was done on 4 Oct - Suggested waiting for a successful rebound at 3.45 levels before plotting entry
- Today, the stock reached a high of 3.41 before breaking and closing below the short-term support
- Today’s retracement is interesting as there is a potential of a good entry opportunity if the stock successfully rebounds
- A successful rebound look to be around 3.30 levels
- R is borderline 10%
- Strategy-to-buy (DYOR) – Suggest waiting for a successful rebound before plotting entry
-----
BST
- Previous analysis was done on 4 Oct - Suggested waiting for a successful rebound at 3.45 levels before plotting entry
- Today, the stock reached a high of 3.41 before breaking and closing below the short-term support
- Today’s retracement is interesting as there is a potential of a good entry opportunity if the stock successfully rebounds
- A successful rebound look to be around 3.30 levels
- R is borderline 10%
- Strategy-to-buy (DYOR) – Suggest waiting for a successful rebound before plotting entry