BLR 0.00% 0.2¢ black range minerals limited

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  1. 2,863 Posts.
    Evening All,
    Glad that week's behind us.........................













    BLR fell through the support of it's rising trend line on Tuesday but now looks to have bounced off the support of a rising price channel.
    http://stockcharts.com/school/doku.php?id=chart_school:chart_analysis:chart_patterns:price_channel_contin

    Large volume by price @ 22 reinforces this support.
    http://www.leavittbrothers.com/education/technical_analysis/overlay_indicators/price_by_volume.cfm

    MACD fell below zero but this sell signal wasn't supported by the DMI- rising above the DMI+, (so no sale).
    http://www.incrediblecharts.com/technical/macd.htm
    http://www.incrediblecharts.com/technical/directional_movement.htm

    Slow stochastic lines crossing gives a buy signal.
    http://www.incrediblecharts.com/technical/slow_stochastic.htm

    All IMO, DYOR
    Regards
    Chalea
 
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