BLY 0.00% $2.91 boart longyear group ltd

That wall we had at 30 cents was broken,this is bad news imho.I...

  1. 3,754 Posts.

    That wall we had at 30 cents was broken,this is bad news imho.

    I still feel bullish towards the long term outlook of bly...but short term its looking ugly.

    I sold out at .3 today.

    A retrace to the low 20'is highly possible from here.

    1] Simply,she ran too hard,too quick.

    2]overseas markets trashed once again.

    3] we have now offically entered a downward trend.





    Happy trading.


    .







 
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