BLR 0.00% 0.2¢ black range minerals limited

Howdy Chalea,Thanks for the chart.On the daily timeframe, I see...

  1. 807 Posts.
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    Howdy Chalea,
    Thanks for the chart.
    On the daily timeframe, I see the formation of an ascending wedge. I hold this stock and I am waiting for a close above 24c, to overcome the upper resistance line. Then it should be game on for the bulls I think. A move lower from here would be bearish as the short term upsloping trendline would be broken. Either way I will be holding as I like this companies outlook in a industry that will be strong for a long time to come.
    Chart looks like this.
    All the very best.
    Cheers

    Commy


 
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