BOL 1.75% 14.5¢ boom logistics limited

Primed for a break out, page-38

  1. 1,112 Posts.
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    Indicators displaying a bit of momentum loss on the daily, which is understandable, considering the current price action.
    Wicks and candles indicated selling pressure into .14, which says that buyers are being met by the sellers.

    The price MIGHT therefore pull back a little, especially if the Russell and S&P decide to drag markets down a little over the next week or 3.
    However, daily support is not too far from the current price , so most investors would probably not need to sweat too much if it did.

    Also up and coming earnings always shakes the tree a little, so no real need to stress, UNTIL the numbers come out.

    Definitely needs more impetus towards the upside, and volume, but if current owners are hesitant to sell, then price swings could be strong, either way.

    Resistance levels apparent up to .20c, but once the strike is above. 15, entry should be worth a definite consideration, and add into the growth, then hold at full risk beyond 20.

    Then again, it could rip straight into $1 with my charting skills!
    Last edited by Ronzo1010: 15/02/24
 
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