BMN 3.61% $3.44 bannerman energy ltd

lets have a breather, page-10

  1. 43,655 Posts.
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    Bluecattle,

    pull back I can agree with but trend reversal, unless you have a special crystal ball. I don't know how to post a chart but historically 28/11/08, 12/2/09, 13/3/09 are 3 latest occasions where a pull back were in place where the 3,5,8 days moving averages were pointing up and the previous day candle closed above the upper bollinger band or close to it. This would make sense in an over extension of price movement. Will be interesting to see what happens on Monday.

    Cheers,

    AJ
 
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