BLY boart longyear group ltd

a possible scenario for you consideration, page-5

  1. 8,720 Posts.
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    G'day Bones. Interesting chart. I'm still no expert at pitchforks despite T91's profilic use of them. One question - why woudnt you draw an ascending pitchfork based on Rise 1 using the highpoint P in April as the anchor point for that fork. If I place a ruler against the screen the middle tyne of such a fork would run upwards just underneath the current price, suggesting support from that fork. In this case, which fork would you choose as the more relevant one? Cheers, Sharks.
 
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