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$2.22 burrendong minerals limited

BIG Chart and TA Thread 2.0, page-102

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Workonboats

805 Posts.

6

31/01/18

08:13

Post #: 30682138
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Originally posted by Womtrade ↑

Have tried to keep the chart quite basic amd simple but remember that it goes in conjunction with the comments about $3.80 being the next resistance level and trying to trigger as many stops as possible once $3.88 was hit.

The chart shows the long term uptrend and short term downtrend which forms the pennant flag formation. In conjunction with this i have used pitchforks over the same period of time.

As can be seen on yesterday's candlestick the pushdown occurred which broke back into the pennant flag formation but bounced off the lowest long term quadrant in the pitchfork only for it to close above the pennant flag formmation.

Today could well be a very very BIG day

GLTAH and think BIG

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The charts drawn and looks great for a boost. Sadly I'm thinking we're in for a rough day given our association with the US. I'd be very happy to be wrong!

BIG Price at posting: $3.61 Sentiment: Buy Disclosure: Held
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0 Great analysis

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