Post by
IndianSparrow on Dec 02, 2021 1:17pm
Technicals... Technicals
Looking at the 1 year chart, $3.45 - $3.47 is being tested. There is another support line in the $2.50 area and that will be it for the gap fill, if it ever reaches there.
Added some positions today at 3.49 and will add a lot more if we ever test $2.50 again. The action today is pretty much programmed selling (likely a position trim, index rebalancing). Lookng at other names and seeing this peculiar action in BTE, it is very obvious. Couple that with some small retail who got in at a higher price and now capitulating.
GLTA.
Comment by
Natgasbc2021 on Dec 02, 2021 1:34pm
I dont know if it gets to 2.59 either but thats a level on the chart that looks very appitizing to me... High from June... Gap at 2.59 in Sept... Im all cash waiting for now until this carnage is over
Comment by
dandu1924 on Dec 02, 2021 1:57pm
With my experience about the gaps, they are not always filled ,and an another thing today both TSX and Dow are way up and some said this is the proof the variant is not a big thing ( probably a big joke ) because the stock market are ignoring this omicron variant, lets see in fews days.