BLY boart longyear group ltd

this looks better...

  1. pgc
    285 Posts.
    Hi all,

    I haven't been posting much as I have been very busy of late, but I have been enjoying snippets of the threads that I have been able to read. And BLY's is always entertaining. Selmax, you take too many vacations! ;-)

    Anyway, BLY has bounced off the lower bollinger band, the MACD is very close to crossing, the RSI is looking good, the stochastics are turning up, and we have the report coming out next week (the 19th) to drive interest.

    Some good factors from where I'm sitting right now.

    Here's a quick look at the chart. (It's just a quick one from bigcharts).

    PLUS: Asia is green at the moment. The Hang Seng is up almost 300 points, and the Nikkei and SSE are looking good too. And the Dow futures are up 48 points as I type this. (And it doesn't hurt that we've just had news of the best growth in employment in 3 years).

    So they are the Pros, what about the Cons? Well, I would like to see BLY's volume increase, and the wall at 0.35 taken down. And there is still a lot of uncertainty around in world markets at the moment. It would be great to see that change.

    Just a few thoughts from an amateur. (But BLY has made me a very happy amateur, and I am very happy to hold atm - but please DYOR).





 
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