Rudders, is that you, Kevin? From what I gathered, you got rear-entried last week by Gillard!
On a serious note, the SP could do a bit of work around this level which is the mid-tine on the blue pitchfork. bounced nicely off the mid-tine of the dotted purple pitchfork, my optimistic target is back down around $2.60 at which point it wil be a screaming BUY IMO. Note I am also a little concerned about the direction of the MACD and the potential for a cross over the signal line.
Just good buying opportunities for one of my favourite blue-chips IMO!
BLY Price at posting:
$2.86 Sentiment: None Disclosure: Not Held
