BCD 0.00% 3.5¢ bcd resources nl

help with a chart., page-2

  1. 9,247 Posts.
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    indydog - Assume you mean what does a chartist see, I'll have a bit of fun because I think charts have to be interpreted along with other things - the long term downtrend from Feb. 2009 to Aug. was broken with a short false breakout in early Sept.Since then a rounding bottom has occured with a projection to 15c. I'm serious here,long term (6 months) if this pattern continues the projection is 20c. Along the way two points to watch are 14.5c (large S/R here ) probably due to the sp issue awhile ago and then another resistance level at 17.5c or thereabouts. No arguments but I'll read with pleasure what anyone elses' opinion is. Enjoyed that little exercise lol - thanks indydog.....holding this one so I hope I'm right........
 
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