BLR 0.00% 0.2¢ black range minerals limited

hi all blr faithful, page-10

  1. 2,863 Posts.
    Thanks Xan, but there's nothing hard about Charting Various Investment possibilities....

    Just wanted to post this to show how far I believe BLR are from turning the corner, (fingers crossed).

    The MACD Histogram, (black bars), show that negative momentum is decreasing. Positive momentum will coincide with the blue MACD line crossing the red signal line from below. Many use this as a buy signal, but it would be greatly enhanced by the MACD line going on & crossing the zero line.

    Evidence of an uptrend can be seen if the black ADX line turns up.

    All this will 'hopefully' happen when the SP closes above the blue downtrend line. I mentioned 19c from memory a few weeks back. A close below 14c on the weekly chart won't be healthy.....(wait for 16:11 on Fridays).

    I've marked how the above scenario played out almost exactly one year ago...... No guarantees it'll happen this time!












    IMO, DYOR
    Regards
    Chalea
 
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