Some suggested BCE's share price improvement is just a dead cat rebounce. It can be. Dead cat rebounce usually happens the day right after a major drop and has no leg. BCE has gained 7% from the recent low of C$31.99. May be the dead cat turns to a livie cat. Is this a trunaround from the bottom. Bottom usually accomplished with huge volume at the lowest price but it did not happen. There were some big volume (around 10 millions share at TSX) before the bottom. I guess my guess is just as good as anyone.
For chartist, BCE has returned from severe oversold to a normal level.
