BDA 1.06% 46.5¢ bod australia limited

In answer to your question, please refer to the enclosed weekly...

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  1. 620 Posts.
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    In answer to your question, please refer to the enclosed weekly chart. Over the period Nov-Jan,
    BDA rallied 650% in only 9 weeks.
    Moves this sharp & fast typically take time to digest & most likely find a base around the 50-61.8% retracement levels, in this case 33-40.5.

    This is where I am accumulating, but with the expectation of a messy, drawn out congestion.

    Please note that this is only the game-plan for how things stand at this moment in time. The plan needs to evolve as fresh information comes to light e.g. market sensitive news or a change to the macro backdrop.
 
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