BOE 1.36% $2.98 boss energy ltd

Fundementally BOE is in the absolute box seat.Technically I am...

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    Fundementally BOE is in the absolute box seat.

    Technically I am looking very simplistically at the $3 level. It has been strong resistance for a while now (3yr chart below). If we can hold and trade above this level for a few weeks, then resistance should become support. .... and we know what happens when a stock breaks out of resistance at all time highs - no further reistance levels and free to run ...

    I would like to take profits on some trading parecels picked up around $2, however conscious of not selling just before a major breakout and so just waiting to see which way it goes from the $3 level.


    https://hotcopper.com.au/data/attachments/5327/5327447-cd56330facbaa072f91658f044ce756e.jpg


    Last edited by Watchfulbull: 05/06/23
 
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