BSL 0.38% $20.87 bluescope steel limited

Massive Panic in Shorters Today, page-55

  1. 356 Posts.
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    I'm firmly not a believer in gap theory, but you could look at it as simply closing the gap from the open in preparation to move higher.

    The intraday low of $12.42 is still higher than the previous day's close, and we haven't even broken into the $12.30s.

    I've been trying to top up my position on the dips and have noticed this is getting harder and harder.
    Last week was the last time I had an opportunity in the $12.20s.
    So far, yesterday was the last opportunity in the $12.30s.
    Today even in the $12.40s the pickings have been scarce.
 
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