capitulation is when the last bear dumps in a panic. Selling intensified before 12:30 with prices hitting A$88.18, and then it bounced. Quick run up to A$89 on better volume. This could be the final sell-down that we needed to capitulate.
Money Flow and Net Volume indicators then showed buyers lifting offers, which is a nice change
Will watch with interest for the rest of the day.
BKL Price at posting:
$89.01 Sentiment: Buy Disclosure: Held