G'day Mozart & everyone,
From a T/A point of view, BRM needs to fall back to $1.785 to fill those gaps (I don't know why it happens but in 95% of cases it does). Plus BRM has a fast climb slow decline trend (descending Triangles withing larger up trend).
The last week has been fantastic for the long termers (gives us a bit of upside insight), but is it sustainable short term? We've gone from $1.51 to $2.18 in a week on back of "BRM has talked to BHP, Re Rail".
Ive watched the trades go through daily, Its been hard to tell whether its a broker on behalf of Corporate client or the general public, The thing I would remind you all of is that a good broker accumulated 13% of BRM for Wah Nam without changing the S.P.
I know it could of been a time requirement order (ie buy 2.5 mill in 4 days regardless of S.P) but why, does someone know something? The more I think about it, It feels like buy the Rumor with some positive momentum added in.
Does anyone know how to post ETADE PRO charts onto HotCopper.
As always hope I haven't upset to much, Griz.
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G'day Mozart & everyone, From a T/A point of view, BRM needs to...
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