BDR 0.00% 6.5¢ beadell resources limited

From a TA perspective it looks like the bottom is in, support at...

  1. 1,744 Posts.
    From a TA perspective it looks like the bottom is in, support at 60c and all the indicators I look at showing the same, MACD always slow but on track to shadow the re-rate coming. Besides their director recently bought $400k worth and they're hedged, so something a little different on that front

    BDR long for sure, got on board with SBM too 1c above close. Should be a good day for all our Goldies tomorrow I think BDR may revisit 40c if there's any further dips - so I can top up - but recent resistance should be support from here on imo.

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    Just noticed BDR's active in Balladonia, fond memories of my roadtrip across the great divide in January, the massive storm that swept overhead from Esperance and the delicious dinner at the roadhouse there, especially considering there's no alternative place to eat for over 200km in either direction
    I do plan to go back there someday and photograph the night sky again, zero light pollution, though it's a 2-night drive from Perth one-way!
 
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