Ann: Processing Facility Refurbishment Underway, page-56

Hi all, two major long term trend lines broken after meeting at an apex. BC8 just passed a horizontal resistance as well.
Sorry I went back a year and nearly 20 pages to find a chart thread - didn't find one. So I added technicals to this thread instead. First view is weekly to establish the secular view, which is the meeting and breaching of this important point in time and price:



The fundaments are so strong for BC8 at this time too as discussed by many posters in here. The ducks have lined up and an uptrend is in its infancy IMO. Now zooming into the daily for added clarity (wanted to provide the weekly to show the source of my trend lines. The daily chart shows the new area of price being settled into at present. This could launch at any time or track back to the top side of the upper line and provide some further opportunity to accumulate. This is a consolidation level and higher and at a critical price too.

This is not a liquid stock so my view is that larger buyers have to move price higher to attract new supply. Most investors understand this is moving forward based on the mining now starting at Kal East and within Paulsons on the high grade stock pile project as the mill receives final attention. The settlement of the funding doesn't hurt either at long last. The daily shows "comfort" building over the trend lines (day 5 today), strong money flow and an RSI that is not overbought yet. The correction back to 24.5 is behind us now. Horizontal resistance levels above show possible pause points looming dead ahead. She is hugging the top BBand (bullish), 24.5c found support at the 200dma and both MA's have turned up already. This looks nice to me.



DYOR and GLTAH CW