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13/03/07
18:19
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Thought I'd compare where we're now to BLR's last pattern breakout -
![](http://i176.photobucket.com/albums/w163/chris72722/ChartofBLR130307.gif)
Last time, (on no news), BLR broke out & retraced to the old pattern resistance line.
Last time volume was very low.
Last time MACD lines hadn't crossed.
All the same this time, plus there's the added support from the trendline, (good buying opportunity).
http://stockcharts.com/school/doku.php?id=chart_school:chart_analysis:chart_patterns:price_channel_contin
A drop to 20 to fill the gap should have us primed for another big run - we didn't need news last time....................
Comments?
It's only my opinion, DYOR
Regards
Chalea
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