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Its Friday lah. With the current uncertainties - traders and investors close their positions just to be safe. I believe it will rally in this coming week. Let's see
Head and shoulders? It only appears on uptrend, which signals a trend reversal. Chart is downtrending and i believe an inverse head and shoulder is forming, which signals a trend reversal to the upside.
Speaking for myself, considering BSLCORP public float is less than 200m, it can limit down easily anytime - which makes me think twice to convert the warrant as it will take 2 weeks. If this share drops 30% in a day for 2 consecutive days, you have no choice but to hold on dear life as you wont be able to cut loss during the conversion process.
