Originally Posted by
Beagle
Got to be quick.
BAL starting to get interesting after being absolutely smashed from a high of $23 earlier this year. Analyst consensus forecast is 41 cps this year.
Not expensive any more on a PE basis but risks remain around accreditation and from a TA perspective the chart looks absolutely horrendous.
I don't follow closely but it could be an interesting one to watch if they do get the approval's they're seeking.
Who wants to catch a falling knife :eek2: Better to wait until the next confirmed uptrend