BLR 0.00% 0.2¢ black range minerals limited

chart, page-4

  1. 2,863 Posts.
    Hi Brantley & cfdsRus - It's a pleasure, I'll add a couple of longer term charts,












    If there is no high volume upwards breakout from the bullish symmetrical triangle next week then it's a negative for BLR, as it'll have passed the 75% point of the triangle.
    Volume seems to be leveling off after it's expected big drop as BLR progressed through the triangle.
    MACD hasn't crossed under it's signal line, (sell signal for some).
    ADX shows BLR's still trending. Seen as a signal to take profits by some if the ADX turns down when above the other 2 lines.













    Monthly chart shows BLR has just started an uptrend, (ADX rises while +DI and ADX are above -DI), as well as the formation of a bullish pennant/triangle. BLR might've been consolidating, but it still finished higher than Feb, just.

    All IMO, please DYOR,
    Regards,
    Chalea


 
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