Thursday, October 30, 2014 5:14:46 PM
I'll keep updating the board on BBRDD's share structure good or bad.
Just a reminder that everyone should know their options to hold, buy or sell. I knew that when the ascending wedge broke below the support line that we were in for a rough time. I guess I could have sold out (based on TA alone), but I chose to wait (based on the fundamentals and DD).
I do not blame anyone else as it was my choice alone to hold. That being said, I'm still sticking with my Technical Analysis and Fundamentals/DD. The Fundamentals/DD still hold, nothing has changed in that arena.
The Technical Analysis however, says that we are at a triple bottom and at solid support. The last two times we were at this exact level we sprinted to 52 week highs. PRs were involved the last two times. I hope third time's a charm to break .018 (now .36).
BBRD WERPO
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