Stocks on Fire

Jumping again on BCON

By Frederick Ramsburg · August 11, 2005 · 1 min read · 670 views

This is another technical play…

The reasons of this reentry:
- We are still Bullish on BCON for mid-term.
- In just 2 candles, BCON is now 30% below the highs of this rally;
- This deep move was made with decreasing volume…
- BCON opened a Gap UP which was totally filled yesterday.

So we believe this could be a good price level to buy back BCON.

I’ll probably add BCON to the 3Stocks Portfolio near the open.

Best regards,

Frederick Ramsburg
www.3stocksonfire.org

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Jumping again on BCON

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