channels up or down are tradable. yesterday it was a precise hit on the parallel channel at 35. I got in at 35.5 near close, but should have waited for the close! Anyway - It's a tradable bounce for a chart that is well into oversold territory in daily, weekly and monthly indicators. Low volumes across gold stocks including this one on large falls yesterday was not convincing this is game over here by any means.... looking to first resistance at 39c soon
BDR Price at posting:
37.0¢ Sentiment: Buy Disclosure: Held