some professional players there on the open and closes, a lot of fun to watch, they nearly got it wrong for a close at 32 today but a solid close all the same.
I have had a quick look at the charts (havent learnt how to post them yet) but looking back over the last year or so, my impression is that the current pattern has typically been followed by a pop up in price although there was one exception.
Could someone post a chart for us to have a look, going back say 18 months please?
As per other posts, MACD seems to have crossed for positive (buy) signal but stochastics confused or middle of the road at least.
41 or 45 day EMA appears to have not crossed 200d EMA or if it did, 200d EMA was not trending down and 45d EMA bounced or crossed above.
Charts seem optimistic, fundamentals seem optimistic, I am optimistic!
Lets see what the US markets do to us overnight although nothing seems to be having a direct impact on BLY SP at the mom.
BLY Price at posting:
$3.15 Sentiment: LT Buy Disclosure: Held