BLY 0.00% $2.91 boart longyear group ltd

a possible scenario for you consideration, page-4

  1. 521 Posts.
    Hi (Goroos),

    Yep - you are correct. If the price breaches support levels and closes below the trigger line, that would be a significant event so it is a good level to have a stop.

    For those unsure of what I mean, the trigger line on my previously posted chart would be the line from where the green pitchfork is anchored (the price low on 23 Jun - see letter M,) to the price low on 2 Nov (see letter P) and continuing off the chart.

    Regards,
    Bones
 
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