3SOF

Public 3SOF Boards => Stock Picking => Topic started by: bjc on October 01, 2007, 02:36:23 PM

Title: BTM
Post by: bjc on October 01, 2007, 02:36:23 PM
Brazilian Telecommunications company.  Fundamentals are good, although I am relying heavily on this E*Trade fundamental info I'm given.  I can't find much else anywhere else.

The chart is fabulous.  Needs to make a decision though, soon.  Rising wedge is a bullish pattern though.
Title: Re: BTM - Brasil Telecom
Post by: bjc on October 06, 2007, 04:42:15 AM
BTM has been behaving well.  I think $40 in its sights.

The only problem is weak volume on the breakout.  I'm tempted to sell and try and get in lower but don't want to risk the upside. 
Title: Re: BTM - Brasil Telecom
Post by: bjc on October 06, 2007, 04:44:19 AM
Posted the old chart accidentally.  Here's the new one.
Title: Re: BTM - Brasil Telecom
Post by: bjc on October 06, 2007, 04:47:08 AM
The one upside to the low volume is the fact that it is unknown.  Brazil will have its day for the place for money to go and valuations will inflate. 
Title: Re: BTM - Brasil Telecom
Post by: bjc on October 09, 2007, 08:42:38 PM
BTM looks great.  Clear blue skies, although it could fill the gap at 30 or so. 
Title: Re: BTM - Brasil Telecom
Post by: BigSully1 on December 12, 2007, 11:09:56 AM
Making another breakout attempt today.