You need to accumulate on weakness, as this counter is certainly not done yet.
Tuesday, October 3, 2017
BALA - Must consolidate to hit 40 and beyond
BALA - In 2012 there was a strong resistance area between 33 and 38, whilst it hit higher to test 44 as well. We could expect a consolidation in this area before the next trend continuation. As the expected fundamentals are strong we can not expect the bullish expectations to exacerbate just yet.
You need to accumulate on weakness, as this counter is certainly not done yet.
You need to accumulate on weakness, as this counter is certainly not done yet.
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