Thursday, August 30, 2018

Ballard Power [BLDP] update

The backlink model is below.  It is quite dated, from Oct 2015.  But it pretty clearly expected an immediate bottom and then an explosive move up.




Current actual is below.  The red arrow is the date of the above post and green C marks what was listed in the back link to be the exact bottom.  It did in fact turn out to  be the exact bottom.

It did not,however, achieve the higher high and thus the model has now been updated per below.  The news at Ballard these days is good but my larger models call for a broad based and significant market sell off to begin playing out very soon now and Ballard chart is telling me that despite good news there, a falling tide lowers all boats.

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