Im no charting expert but from a TA point of view it could be just 'basing' here in the mid late 50s with 50 estalished as 'the' low and 61 next resistence and then 68-71 major resistence it needs to break to move higher
But if u enter this stock in the 50s , u might as well hold for the long term as its gunna be much higher in the future based on its assets and production potential. So u may as well hold if u lucky enuff to have entered here. I see 50 as 'the bottom' unless europe sends the world in2 another credit crises contagion so put a stop somewhere below 50 INMO
good luck
BND Price at posting:
55.5¢ Sentiment: LT Buy Disclosure: Held
