BLY
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0.00% $2.91 boart longyear group ltd

moving averages

  1. bottomup
    623 Posts.
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    03/08/10
    12:33
    Post #: 6975429
    BLY is now well above its 100 DMA (3.07) and if it can break and hold above its 200 DMA @ 3.20 we should have a good run up thereafter. The last time this happened in August 2009 we had a 50% run in the BLY price from $2 to $3. Improved outlook to be reported on 23 August may solidfy this...


    DYOR
    BLY Price at posting: $3.18 Sentiment: LT Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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