acumulate u play large tenament northern teritory, page-17

re: btv overvalued - for sb2000 In answer to your question re the TA and charting for BTV:

The chart looks the goods. Uptrend in place, on hugely increased volumes. MACD well up and above its signal line. VFI (Volume Flow Indicator) crossed up through zero about 3 days ago, and is now about 8, which is a good indicator of the start of an uptrend. Also, the ADX setup looks perfect, with the DI+ above the DI- (i.e. an uptrend) and the ADX itself (i.e. the strength of the trend) at around 43 but not too steep.

Various other indicators also nicely lined up.

So, emphasising that this is a PURE TA view only, and ignores both fundamentals and market sentiment which can change in an instant, then BTV looks to be worth a very close look at least for a short term trade.

My 'umble opinion only, of course, and as usual, make your own decisions, etc etc.

I don't hold BTV - yet :)