BSM 0.00% 0.8¢ bass metals ltd

One sign I look for in falling stocks is divergences...

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  1. 2,339 Posts.
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    One sign I look for in falling stocks is divergences particularly weekly time frame.Often the first signal a change in trend could happen.
    BSM has a good divergence on the weekly RSI and MACD.Showing on the daily also.
    Now it's on the watch list to look for a confirmation signal such as break out from the down trendline.
    Waiting for 3 signals is usually best,but there is already a double bottom in place so a breakout would be an entry imo, with a handy stoploss point very close.I have taken a partial position @ .011 because i'm an impatient trader,lol.
 
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