@Wedgeman7, It really is make or break time for BLG. And IMHO, the odds are now stacked for making it. Winning awards in Australia for manufacturing ( and possibly another tomorrow ), selection in Claws with the USA Department of defence, being boutique in an industry with major barriers to entry, increasing numbers of products available, bring supply inhouse with own fab and commercialization underway really points towards a significant rerating in coming months. No wonder some US analysts are starting to cover the stock. And then there is Jim Haden and the team he is building!
The charts agree. The time in nigh. The volume in Nov and Dec should increase markedly as the price appreciates. Several indicators are signaling a move up. MACD has turned positive, Resistance of the past 5 months at 5.9c have been exceeded, Volume has lifted and finally this has all occurred against a background where the global indexes have been selling off on higher bond yields.
IMHO, a period of stability in international markets will see BLG drift higher or explode higher on material news. Risks is skewed upwards.
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