BLR 0.00% 0.2¢ black range minerals limited

chart , page-16

  1. 2,863 Posts.
    Longterm pattern & trend continues.












    Volume's starting to tow the line now -

    "This pattern is effectively a pause in an uptrend. The price has gotten ahead of itself with a steep rise; therefore market activity takes a break before continuing the uptrend. This pause is reflected in the decreasing trading volume. Similarly, a spike in volume marks the resumption of the uptrend."

    http://www.trending123.com/patterns/bull_flag.htm

    High ADX indicates the trend continues.

    http://www.leavittbrothers.com/education/technical_analysis/chart_indicators/adx.cfm

    IMO, (FWIW) - Next week will be Green. Hopefully major USA news Monday (DYOR)

    Regards
    Chalea


 
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