Long Term Chart since Reconstruction
This is a Cup 'n' Handle Pattern base .002 /lip .016 handle up to 1/3rd of 16= 5
so perfect would have been 11 not 10 yesterday but hey .001 of a cent on a $2grand total trade?
Are ya gunner be a Purist?? If so there's always round figure 1 not 11 as support/resistance. wiggle room 'theory'.
Anyhow break out 16 is a 3 target. 87%
and c'n'h breakouts especially formed over a long term are both 'quick' and highly probable.
[there's some research book by Brewonski or some dang Euro name who made a probability study of various TA patterns on chances of them working. It costs about $300 bucks or something but is probably Pirated onto the Web. DYOR]
Anyhow if Mgt BSM can get this deal announced. and Strat goes to this December Conference in Berlin in December with the Riddle of Asbury lording it up about
-their Financing of the only New Producing Flake Graphite Mine for 2016
-producing 10kts Now and maybe 20kts even 30kts by end 2016/mid 2017
- they're not relying on any China/Dragon Offtake shonk
-Doing India Steel Refractories, other Traditional Graphite Use
-Maybe a Tesla supplier thru Asbury
-Hooked into Asbury Euro Graphene
Well 3 cents, what's that in Market Cap? Chicken Feed in Peer Analysis.
Trading Halt Monday Open, Management!!!
happy holding
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