BKT 2.13% 4.6¢ black rock mining limited

BKT - new bullish formation, page-34

  1. 298 Posts.
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    I though Tanotfa's TA interpretation was very good and outlined a few quite important points about a possible retrace, so possibly worth to have another look at it at this point in time, especially if 7.7c should be broken early next week, because the gap Tanotfa mentioned could be a target of even a mild retrace to Fib 38.2% or 6.1c were support is also located.
    The RSI is showing quite strong divergence, which is not a good sign for further advancement of the SP.
    I'm talking from the short term TA perspective rather then a long term investment that's also how my sentiment settings should be viewed.
    Also I'm somewhat concern if I read something like "I've got half the house riding on it". As they say don't fall in love with a stock and keep a clear mind! IMO at least make sure you have a trailing stop in place!
 
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