the trend is your friend

Rising support on the BUL has stayed in a nice upwards trend since the late Feb low

today's action confirmed another higher low

the 3rd HL since the Feb 2.6c low

A very important trend when attempting to pick a a stock reversing off a bottom

Encouraging to see the complete volume dropff in recent days prior to today's spike back to 4c

the break of 4.1c will be the precurser to another crack at 5c imo

If 5c is broken targets are as follows:

5.7c
6.3c
7.0c
8.4c
10.5c

Importantly OBV has remained very strong on both daily and weekly charts over the last few months

Technically, she is showing all the signs of an impending and sustained reversal. I like her.

Good luck punters

McK