After selling 21k BB shares at CN$18 on both Tuesday and today , My investment account has 380k cash. I will buy back at least 25k BB shares when BB is lower than US$10.5(about CN$15).
I am a BBbeliever!
The first upward wave rallied from $2 to over $6, rising over 200%. The second corrective wave BB dropped from $6 to $3. The third rising wave BB went up from $3 to $13, over 333%. If volume dwindles constantly, we will enter the fourth corrective wave with support likely around the $10 level.
After increasing 20%,10% and nearly 10% in consecutive three trade days, BB needs to have a rest in a short run. so I sold 14k today to take some profit.
But I still believe BB's fifth bullish wave will unfold within the next 6 months. the fifth wave will deliver the largest rally with 400% uprising from $10 to $50