BLDP - has come down -- but into support area now...BUY?
Possible support here at the 50 MA
and the 0.5 FIB line. as additional support.
Possible reverse soon...
The average price target is C$48.60 with a high forecast of C$53.31
The average price target represents a 25.77% increase from the last price of C$38.64.
7 Analyst Ratings giving it:
3 Buy
4 Hold
LARGE institutions just bought more $7.2 Million today. Feb 18th
KEY: 50-day moving average
Stock price above the 50-day moving average is considered bullish. Stock price below 50-day moving average is considered bearish. If the price meets the 50 day SMA as support and bounces upwards, you should think long. Stock price meets the 50-day SMA as resistance and bounces downwards, you should think short.
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Disclaimer:
These are just opinions and current thoughts, which may change. Always do your own due diligence, full research, and homework, and consult with your own licensed investment professional before any investments. Any comments and analysis seen here are personal opinions, and we are not registered or licensed in any jurisdiction whatsoever to provide any investing advice. Any analysis, charting and comments should never be used for the purposes of assisting in any advisory decisions with any stock purchase or sale, and never to be used on the basis of making any kind of investment decisions. It is for the sole purposes of opinions and thoughts of patterns seen in the markets. Thank you.
and the 0.5 FIB line. as additional support.
Possible reverse soon...
The average price target is C$48.60 with a high forecast of C$53.31
The average price target represents a 25.77% increase from the last price of C$38.64.
7 Analyst Ratings giving it:
3 Buy
4 Hold
LARGE institutions just bought more $7.2 Million today. Feb 18th
KEY: 50-day moving average
Stock price above the 50-day moving average is considered bullish. Stock price below 50-day moving average is considered bearish. If the price meets the 50 day SMA as support and bounces upwards, you should think long. Stock price meets the 50-day SMA as resistance and bounces downwards, you should think short.
___________________________________
Disclaimer:
These are just opinions and current thoughts, which may change. Always do your own due diligence, full research, and homework, and consult with your own licensed investment professional before any investments. Any comments and analysis seen here are personal opinions, and we are not registered or licensed in any jurisdiction whatsoever to provide any investing advice. Any analysis, charting and comments should never be used for the purposes of assisting in any advisory decisions with any stock purchase or sale, and never to be used on the basis of making any kind of investment decisions. It is for the sole purposes of opinions and thoughts of patterns seen in the markets. Thank you.
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