BAL 0.04% $12.88 bellamy's australia limited

BAL - Chart, page-455

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    bal_ax02mar15_to_19dec19.png

    The above chart is the (cluttered) BIGGER picture.
    The 2 trend lines now of immediate relevance are the medium term lr warning line and the long term up trend lr line.........highlighted in the chart below.
    Worth noting is:
      
      1. the FIRST CLOSE above the long term up trend lr line occurred on 04/03/19
      2. the BREAK ABOVE the medium term lr warning line occurred this morning.........a back test @    $9.95c. after opening @ $9.97c.
    Respect of the long term lr line (from above) would confirm a resumption of the PRIMARY up trend .

    Cheers.
    bal_ax10sep18_to_21aug19.png
 
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