BNB babcock & brown limited

decline in price, page-26

  1. 128 Posts.
    Hi Gunn

    I'm a tech trader just like yourself.
    I have actually redrawn my upper resistance line after the last two days of trading.
    As you can see there is strong support at $15.00 which became resistance to the current ascending triangle BUT the horizontal line I have redrawn to sit on those highs of $15.60. To me a triangle forming just above resistance is quite bullish.
    We are not far away from that apex however so It'll want to break out very soon.
    With regards to Tricom it looks like bnb with others will buy the company so it may well turn out to be a positive... I hope
 
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