GREY:BNKPF - Post by User
Comment by
OntarioDaveon Dec 28, 2013 12:35am
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Post# 22041770
RE:RE:RE:December - poor performance
RE:RE:RE:December - poor performanceThey always do take a breather after a strong bull breakout...this is normal and healthy for the long term momentum of the stock...experienced longs use the pullbacks as buying opportunities...weak longs get scared and sell so it strenthens share base...inexperienced shorts jump in thinking stock is going down only to get trapped in a bull flag and squeezed which futher pushes up stock when bull trend resumes...this is going up further and the trend is as clear as a bell when looking at the chart...use this as a buying opp before we head to $2...
OD