Daily chart:
Support at $8.56
Resistance at $10
BIL continues to trade within the boundaries of the long term downward channel, it would need to break the upper boundary of the channel to continue higher (10.00).
Inraday chart : 15min
is currently retracing...should find support at 8.89. Resistance at 9.08.
Intraday chart: 60 min
support at 8.75
Resistance at 9.17.
forming higher lows from 6 june.
use these levels in the intraday......
the daily is oversold..........
9.17 is the key here and if that can be broken a move to $10 is likely.
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