BPO 0.00% 0.3¢ bioprospect limited

Hi Rmarhungyes my glasses are a rosey green?...lolIf you read...

  1. 25,374 Posts.
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    Hi Rmarhung

    yes my glasses are a rosey green?...lol

    If you read the incredible charts URL I posted you should see an nice ellaboration/explanation of Flags.
    the only question on this ones shape is that there are not lower lows (as defines the perfect Bullish Flag)
    However this does indicate another potential pattern , being a decending triangle , (with a 50% fibonacci support base )which ,with the prevailing trend being LONG in my view, is also Bullish...
    the Incredible charts site ,will also give you a stoploss consideration if the pattern does fail....
    cheers
 
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