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BBX Capital Corporation Message Board

  • free_speech73 free_speech73 Aug 10, 2012 10:41 AM Flag

    BBX Chart

    BBX has been trending higher since June. Right now the 2 lines between the peaks and troughs are converging. The lines will meet about Sept 14th. This means sometime before then the share price either will break out above or below the current positive trend line. Today those 2 lines are at 6.09 and 6.44. Both numbers will rise slightly every day.

    The lines converge in a month at about $6.80. It will either break out above the current trend line or break down and start negatively trending. Since the trend is up, a price that moves sideways will break below the line at some point.

    Are there any high volume catalysts in the next month?

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BBX
18.40+0.72(+4.07%)Oct 31 4:02 PMEDT

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