BLA 0.00% 18.5¢ blue sky alternative investments limited

Ann: Market Update, page-88

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  1. 144 Posts.
    lightbulb Created with Sketch. 15
    70 cents Sachin, really?

    If you’re going to make extreme (and nonsense) predictions like that the least you could do is back it up with meaningful technical analysis.

    For example:
    1) the stock is currently oversold on the RSI.
    2) Bullish divergence on the MACD indicating a possible reversal
    3) Extreme volume on April 6th which could arguably be called stopping volume and the first sign that smart money was beginning to accumulate stock.

    I can’t even see it hitting $1.70 let alone $0.70.
 
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