Bullboard - Stock Discussion Forum Burcon NutraScience Corp T.BU

Alternate Symbol(s): BRCNF

Consumer Defensive Household & Personal Products

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... see more

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Burcon NutraScience Corp > sideways movement or a bounce should not be unexpected

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Post by fundmanager1944 on Jun 29, 2022 7:16pm

sideways movement or a bounce should not be unexpected

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

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Comment by fundmanager1944 on Jun 29, 2022 7:21pm

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 ...more

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Burcon NutraScience Corp