The monthly chart of BKP is looking very bullish and impressive with the 8Exponentional Moving Average just crossing above the 34 EMA. The share has just left the Demand level which is the shaded green box and the next important monthly supply levels and price targets are 6.8 cents then 10.5 cents and finally 19.5 cents. Many use the 8 EMA as a stop loss line and if price falls below the 8EMA they sell immediately but while price remains above the 8 EMA then let the profits run is best practice theory. View attachment 1165701
Ann: Capital Raising - Appendix 3B, page-6
-
- There are more pages in this discussion • 7 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
