BKT 4.26% 4.9¢ black rock mining limited

BKT, page-823

  1. 4,927 Posts.
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    Nice on market interest this morning vs a broader weaker market.

    A close above the 43day MA of 22.5c is very bullish to initiate buy side pressure into the 24c resistance level. Once this is taken out Iam expecting a move to test previous highs and beyond.

    MACD is setting up for a positive cross + RSI with plenty of room to move before over bought signals appear. My guess is when the trend line on the RSI is cleared the price action will move hard and fast.

    Nice to see those larger selling days being absorbed on market without much issue.

    Happy to continue to add here.

    An interesting week ahead.

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