RichKid
PlanYourTrade > TradeYourPlan
- Joined
- 18 June 2004
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BSG Bolnisi Gold- Technical Trade
Bolnisi Gold BSG, check out the pattern. Note the bullish move (flag/triangle?) before falling sharply in early Dec04 and then recovering recently to hit resistance again. Reason for fall was option exercise diluting sp so sp was adjusted by co. Now looking to continue bullish move. Highly promising gold play, listing in Canada soon, expected boost to share price as BSG appears to be underpriced, some encouraging annc's recently. Technicals suggest it is knocking on the door of higher highs. More volume would be nice.
At about 55c/56c this morning (chart shows adjusted pricing).
Bolnisi Gold BSG, check out the pattern. Note the bullish move (flag/triangle?) before falling sharply in early Dec04 and then recovering recently to hit resistance again. Reason for fall was option exercise diluting sp so sp was adjusted by co. Now looking to continue bullish move. Highly promising gold play, listing in Canada soon, expected boost to share price as BSG appears to be underpriced, some encouraging annc's recently. Technicals suggest it is knocking on the door of higher highs. More volume would be nice.
At about 55c/56c this morning (chart shows adjusted pricing).