BDR beadell resources limited

Bollinger band crash

  1. 1,591 Posts.
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    Picked up some units at $0.54. I doubt I'll hold it for more than a few days. Thought I might do a  trade/gamble based on amateurish technical analysis.

    0 RSI on the 30 minute chart...


    Oversold on daily chart, plus crashed through bollinger band.



    I think there's a good chance it'll be going up monday or tuesday, maybe back up to $0.56 or $0.57. Will see.

    (I was quite shocked at the sudden increase in cost that was not announced and possible insider trading, too.)
 
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