chart, page-5

Thanks for the feedback & a Happy Easter to all, (cfdsRus, I wish.........).

Here's the longer term chart of BLR.

1. "If MACD is positive and rising, positive momentum is increasing, indicating a bullish period for the price."
http://stockcharts.com/school/doku.php?id=chart_school:technical_indicators:moving_average_conve

2. "ADX. When the line (the black line) is high, an indication is made the underlying issue, (BLR), is trending."
http://www.leavittbrothers.com/education/technical_analysis/chart_indicators/adx.cfm

3. "Slow Stochastic. The shape of a Stochastic bottom gives some indication of the ensuing rally. A narrow bottom that is not very deep indicates that bears are weak and that the following rally should be strong. Go long, (buy), when %K crosses to above %D."
http://www.incrediblecharts.com/technical/slow_stochastic.htm

IMO the bears didn't have much of a hold on BLR during the past 8 weeks, (Slow Stoch. lines barely dropped through 50), & note the SP's action after the lines crossed at a slightly deeper point in Dec...... :-)

The Taylor Ranch Uranium Project in Colorado, USA

Regards
Chalea, DYOR