BML 5.00% 10.5¢ boab metals limited

Go Lead (Pb), leave 'em for dead., page-18

  1. 2,904 Posts.
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    Charting is in the eye of the beholder. You have posted a scrunched up chart, probably in an attempt to shoot down the author. I have a different view. Have to agree that the current month does not stand out against 2020 bars but in the authors defence, he probably made that posting thinking $26 was about to be broken and the month close at the highs. I've labelled the possible EW count the way I see it. Silver needs to breakout above $26 and the pennant upper trend line to confim my wave count is accurate and preferably target the $28 area before the next retrace.

    I must also add that this current monthly bar at its highs was taking out the prior 3 monthly bars. Very Bullish!

    https://hotcopper.com.au/data/attachments/6057/6057642-ee5bb38c8a8856b958e5159933973a9b.jpg

    Last edited by PhillW: 25/03/24
 
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