BLY 0.00% $2.91 boart longyear group ltd

chart anyone?

  1. 780 Posts.
    Can anyone post a chart please?
    I am expecting buying support as BLY has become part of the ASX 100 as of today which means there should be some latent demand for the stock.
    Sure there are 30M on bid but this is only $10M worth of stock.
    Similarly however there are only 12M on offer at 31.5 (about $4M) and 23M at 32 (about $6.5M) which could easily be taken out by one fund.

    Given the lack of one way traffic, what do your charts say?

    (I use Metastock and it is a dog compared to the ones u guys use!) (oh, and I haven't mastered posting charts yet, too complicated for the few stocks I follow, I will leave it to the masters!)
 
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