FFX 0.00% 20.0¢ firefinch limited

BGS Chart !, page-1113

  1. 167 Posts.
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    Lovely recovery by BGS over the past couple of weeks.

    Nothing new to add to the charts since many have covered this off already, but thought I would add my own chart to reinforce the same sentiment...

    Moving Average - Red Circle: 40 day MA doing a sharp U-turn to the upside and still above the 100 day MA. Price has crossed over both these moving averages, something we haven't seen since Oct-2017.

    Price - Blue Circle: Approaching the 20 day high (69.5c). Once this hits, a clear buy signal for many, with the next target the 55 day high (84c)

    DMI - Yellow circle: DMI+ crossing over DMI-, meaning bulls are taking charge and good buy signal.

    Slow Stoch: Trending up, showing strong momentum.

    Awesome Osc - Green circle: About to cross the zero-line (again, not seen since Oct 2017 before the last bull run).

    Other contributing factors: MS over supply report not affecting BGS as much as competitors, off-take agreements on other HC favourites potentially lifting the sea level of all Li players, imminent news on BGS gold deal and drilling results, plus many others.

    Should be a very positive March ahead (pun intended).

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