Day trading pre-market open July 30, page-24

  1. 32,754 Posts.
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    BLZ

    technically a very bullish day yesterday

    tested that rising support trendline and close well off the lows

    holding inside that high volume bullish candle from Monday very nicely

    Set up for another crack at 6c very soon especially with gold on a frothing run

    blz.png

    Zooming in if we look at the hourly chart we see a textbook bull flag has formed

    nice volume dropoff last few hours as sellers dry up

    Looks set to break out from the flag today

    5.3c resistance + 3c height of the "flagpole"

    = 8.3c target

    blzh.png
 
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