BLY 0.00% $2.91 boart longyear group ltd

2009-10-17 weekend analysis of bly, page-20

  1. 3,795 Posts.
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    i topped up as well phallus. 2nd trading parcel for me. stop at .285 with this one. i like the chart again. bollinger bands have tightened up again suggesting its ready for a pop. .295 has held up for several weeks now and looks like that might be a base. volume has dropped off again so any big buying now should be into the sell side. we are currently around the trend line from May and also a critical point on the triangle. looks like somethign has to give and a break out should result but not certain which way. my money says up. stochastics have crossed up again but still dont look too convincing. next few sessions should be interesting
 
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