BMB balamara resources limited
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chart update 24-09

  1. asterisk
    2,211 Posts.
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    24/09/12
    09:51
    Post #: 10760728
    Looking to fill the pink area I've highlighted in the next few weeks IMO. More of a target than anything else, see how it goes.

    As DC pointed out the other day, trading above the 50 day moving average which is a bullish indicator. The red/pink lines which cross over last Friday are also a bullish indicator (google ichimoku cloud, I love these indicators!)

    MACD/Momentum/Stochastics all pointing upwards also, no signs of being overbought so it'd be incredibly disappointing if we see the SP sold downwards.
    BMB Price at posting: 12.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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