TSXV:BTI.H - Post by User
Post by
currency24on Feb 23, 2015 7:22pm
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Post# 23457053
PRICE ACTION?DOWN?UP? NEAR FUTURE WILL TELL?
PRICE ACTION?DOWN?UP? NEAR FUTURE WILL TELL?As projected over the weekend, the next move in price was down from the $1.15 area, closed today at $1.11, awaiting a break of the next level on the DOWN SIDE, if this happens then next stop would be the 74 cent area.
There is some upside above $1.15 but limited and a lot of Selling Pressure above $1.14.
MKTS Conditions are not in BTI favor, either, very very limited upside and Wide Open Down Side, the Exit Door is small when the crowd rushes for it.
BIO tech stocks, like Resource stocks High Risk at these stages.
All the above in my humble opinion and based on MKTS.