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Burcon NutraScience Corp T.BU

Alternate Symbol(s):  BRCNF

Burcon NutraScience Corporation is a Canada-based global technology company focused on the development of plant-based proteins for foods and beverages. The Company has an extensive patent portfolio covering its novel plant-based proteins derived from pea, canola, soy, hemp and sunflower seeds, among other plant sources. The Company is engaged in the production of hemp protein isolate and provision of contract research services. Its products include hempseed protein, canola protein, pea proteins and protein blends. Its hempseed protein isolate extraction and purification/production process can produce a high-quality protein ingredient that contains 95% pure protein. It extracts and purifies a canola protein isolate from canola meal. It has branded this protein isolate under the trade name Puratein C. Peazazz is a soluble, clean and neutral-tasting pea protein. It provides consulting and contract services, product and process development, and process scale-up and validation.


TSX:BU - Post by User

Comment by fundmanager1944on Jun 29, 2022 7:21pm
185 Views
Post# 34792300

RE:sideways movement or a bounce should not be unexpected

RE:sideways movement or a bounce should not be unexpected
fundmanager1944 wrote:
Note that the stock is in oversold territory based on its Slow Stochastic indicator (14, 3, 3) -- sideways movement or a bounce should not be unexpected.

https://swingtradebot.com/equities/BRCN



additionally

The RSI Indicator entered the oversold zone -- be on the watch for BRCN's price rising or consolidating in the future. That's also the time to consider buying the stock or exploring call options.

The Stochastic Oscillator shows that the ticker has stayed in the oversold zone for 4 days. The price of this ticker is presumed to bounce back soon, since the longer the ticker stays in the oversold zone, the more promptly an upward trend is expected.

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