BTS : Key levels at 0.77 and 0.80

The spike in price and volume in BTS today leaves two key levels – 0.77 and 0.80. A close above 0.77 today would be a good sign, but for a rally to take it north of 0.80 huge volume will be required – like another 1bn shares going through this afternoon with a strong buy-side bias to the flows. First is now 0.74, with longer term resistance and indeed a game changing level seen at 0.88

 

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