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$2.22 burrendong minerals limited

BIG Chart, page-1758

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avagadro

13,168 Posts.

1275

22/12/17

11:52

Post #: 29829545
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Originally posted by avagadro ↑

MACD is up on the 4h which is positive, but RSI is still lowish.

Market is short sighted so the ann will be forgotten by all nervous nellies as of about lunch time.

Hourly chart had bullish engulfing which is being driven by the heavy bot action today.

I more or less expect a drip down, day by day to below the 50 day EMA again. Maybe 3.2's or perhaps high 3.1's. If you wanted the best margin possible and were patient you might land a buy there.

However, ANY buy sub 3.5 is a fantastic buy for the long term.

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I hope somebody read this post and put an order in just on the odd chance

Funny how I post about the low volumes and then BAM someone drops a shiteload of shares into the bid, almost like magic.

*takes tin foil hat off*

BIG Price at posting: $3.19 Sentiment: Buy Disclosure: Held
5 Upvote

0 Great analysis

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