weekend charting 29-01-10, page-61

Current chart on BSL, nearly got to the gap at 2.58 it left back in July. Red resistance tyne is one bar from the white resistance tyne, and price has just burst through the red ML.

Close to the 50% retrace and the quicker stoch looks turny but i prefer to wait for the slow (60,5) to be lined up similar before looking at the entry. Hoping it lines up at approx 2.37 (61.8 retrace) for the bounce back. Lower lows and lower highs as somebody brighter than me once said are not ideal.