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7.69% 3.6¢ greenwing resources ltd

charty thoughts

  1. 1trader
    5,446 Posts.
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    29/05/09
    14:22
    Post #: 5219685
    This retrace is holding up well,its above the 38% fib level.

    Just possibly the chart could be viewed as a flag pattern,a continuation pattern,if so a break above 20 could see a run into the 26/27 area.

    The timing could be just about perfect as BSM should be coming up with some important news in june.that news could be the catylist to then break thru that strong resistance around 28.Above that level all the hard work will be behind us .
    BSM Price at posting: 18.4¢ Sentiment: None Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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