BLY 0.00% $2.91 boart longyear group ltd

breakout, page-3

  1. 372 Posts.
    Yep sitting on 32.5c now, I think this one is *finally* starting to turn higher. I remember 32c being resistance so the fact it has got through is a very good sign IMO.

    Next target should be 35c off memory, otherwise if it fails again 30c then back to 28/27c as major support. Don't see it falling though, the volume is too high already this morning, and the SPP is complete now so there is much less selling pressure compounding it now.

    It has failed to go higher before, but this rise has seemed more steady and orderly, seems like accumulation moreso than just day traders pushing this one up - more important for a medium-term rise IMO.
 
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