i posted ATI on 05/05/10, but by all accounts it is not...

i posted ATI on 05/05/10, but by all accounts it is not currently trading on the ASX and prorealtime wont bring up the chart so that is a bit of a fizzer..

next was BSL

BSL - posted 05/10/10


BSL - today 10/10/10


BSL came up on a stoch scan once again and looked the goods as it was ranging nicely, at the bottom of the range, with stochs just turned up....the red fork suggested potential downsides


BSL - weekly


weekly shows a descending triangle forming - bearish

i might add, many thanks to GJ and t91 for posting their views of BSL on the weekend thread, the feedback is extremely useful indeed!

now for the trade....i entered the next morning at 2.19 with stops at the red ML on 2.14....can you believe it, the stock hit a low of 2.15 but bounced up so i am still in the trade.....at the time i nominated 2.38 as my target, the top of the red fork....how the potential symmetrical triangles play out will greatly affect this trade