Jerm88

BST @ 4 OCT 2021

ASX:BST   None
Text me if you have any questions/comments for me.

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BST
- First time doing a written analysis on BST
- Stock re-started trading in late July
- Since then, has had a 50% increase with nice uptrends
- A nice test of the short-term average and a successful rebound will present a good entry opportunity
- Stock volume is roughly less than 100k -> Illiquid stocks could mean that the stock may have sudden strong movements
- Price action over the last 2 months shows quite healthy price volatility
- A successful rebound close to 3.45 levels would represent a successful rebound
- R is borderline 10%
- Strategy-to-buy (DYOR) – Suggest waiting for a successful rebound before plotting entry
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