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
BLR Price at posting:
0.0¢ Sentiment: LT Buy Disclosure: Held