Hi Petter, Honest post, they don't come often.I do not plot...

Hi Petter,

Honest post, they don't come often.I do not plot charts just go by Candle-volume-Eyeball techniques Guppy taught me yonks back.

I thought BRN tested high 140 levels twice on its way to 2+. It is the key support/resistance imo. It also had the highest volume days.On its way back, when it cut through 1.45, I was ready to by my parcel sold @1.68 when bulls succumbed to shorters @1.70. Knowing the support is high 140’s, did not hesitate to buy more than I sold @1.35 before close. BRN closed @138.5. Did a couple of good trades last couple of days knowing that high 140’s the key resistance.

My view is that if BRN can hold 150+ for few good hours, it will go a long way. Only new investors would be able to do that. Failing, BRN will get to 120’s & try to form a base before deciding. Then a lot will depend on the announcements folks have been hoping for. Without announcements, BRN will become a shorters paradise will also provide a few opportunity grabs for ordinary blokes like me. I”ll rather go long than short therefor hoping for 150+ next few days.