BSX 0.00% 5.4¢ blackstone minerals limited

Short term, a bit grim I'd say. It tried to break the downtrend...

  1. 566 Posts.
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    Short term, a bit grim I'd say. It tried to break the downtrend since sept, but yesterday put the nail in that coffin.
    https://hotcopper.com.au/data/attachments/1889/1889586-e5ffd5e64131e1d14e3595b177004221.jpg

    Longer term it is still working on that base with volume showing considerable interest.
    https://hotcopper.com.au/data/attachments/1889/1889587-f8b7fceddfd746da9055fbdf546211f2.jpg

    I don't see much in the way of solid support in the chart. Maybe some ~ 0.95, then .65 - .75. If it breaks .105, I'd guess it has at least another 10% downside.

    Full disclosure: I don't know what I'm talking about. And even the best chartists don't do much better than 50%, so with this answer you're getting what you paid for.
 
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