BGA chart, page-137

Of course it doesn’t . :/
Cheers Bundy
I wheyed it up and decided to dip a toe back in because you are right - money cares more about Bollinger bands than character and Bega does seem like it wants to stay over $4.50 right now .

But in The Bull, David Thang of Phillip Capital had it as a sell on March 11
http://www.thebull.com.au/premium/a/80601-18-share-tips---11-march-2019.html

“Recently reported softer first half earnings and full year guidance. The shares have been in a downtrend, falling from $7.15 on September 12 to trade at $4.62 on March 7. With support expected at $4.48, a decisive break below this level would likely result in further falls, in our view. In the absence of any positive catalyst in 2019, we prefer others...”

Simon Herrmann, wise-owl.com was of the same mind



But earlier this month (March 5) FN Arena published a story with some broker recommendations including (https://www.fnarena.com/index.php/2018/03/05/marketing-costs-confront-bega-cheese/)
“-UBS suggests the performance of Bega Cheese and Bega Foods is not as bad as it looks and upgrades to Buy from Neutral. The broker's target falls to $7.90 from $8.30. Brand positioning is now stronger and the broker suspects material legal costs which may have occurred have not been removed from normalised earnings.
.....
Morgans suggests an impairment to goodwill cannot be ruled out with the full year result. The broker has a Hold rating and $6.50 target.......
....
Bell Potter includes higher up-front brand investment costs for the business and, while retaining a Buy rating, lowers the target to $7.85 from $8.24...