Bsl has fallen under this uptrend pricing channel, for some reason, this BSL doesn't like to consolidate, as we can see it from the chart, when she was in a down trend from 2008 Nov, she was in a down trend pricing channel and in june2009 we had a break, and she went up right the way.
How she has fallen out of this channel, trying to use the horizontal $2,80 as a support. Maybe she will now try and consolidate here, and go side way, I personally believe she will now in a fairly tight range for $2.84~$2.94 for a couple more days before making a move. Such move could either be a fall under $2.80 I will sell, or $3.18 again. Short term target is of course the good old $3.38.
I don't see any need to rush in yet. And yes I hold BSL.
Because I am such a honest person.
BSL Price at posting:
$2.43 Sentiment: Buy Disclosure: Held
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