BLY 0.00% $2.91 boart longyear group ltd

s o s sharky37, page-2

  1. 8,720 Posts.
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    G'day Grindro - yesterday's result for me was a positive confirmation of support at 37.5 which has been discussed by several posters here as the current key support level. Yesterday's result didnt really change or affect the charts at all - still looking very good on both the daily & weekly timeframe.

    While the positive lead from Europe overnight will have a short term benefit today, what really matters is news like what jakeblues posted about the job ads on BLY's website, and the continued positive outlook for commodities, china and te mining sector - all still looking good.

    I'm firmly convinced now we will see slow but steady progress heading towards results announcement time, and then we'll see a rocket under the price for a sped angle once those results come out.

    Cheers mate, Sharks.

 
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