BLR 0.00% 0.2¢ black range minerals limited

black friday 4 blr, page-49

  1. 2,863 Posts.
    chart looks similar to dyl's last november
    prefer blr's fundamentals though
    good support & darvas box bottom at 18.5
    pattern could be a pennant, target = 36

    "Pennants are small continuation patterns that represent brief pauses within an already existing trend. They are characterized by converging trendlines and have a definite bullish or bearish bias depending on the overall trend.
    Bullish pennants typically appear in the middle of large rallies or immediately after a stock has broken out of a basing period."

    http://www.leavittbrothers.com/education/chart_patterns/pennant_bullish.cfm

 
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