XAO 0.27% 8,586.9 all ordinaries

Short Term Trading Week Starting: Tues 3rd Apr, page-103

  1. 129 Posts.
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    STTCOMP BLK, TA LONG
    Share price: $0.098
    Market cap: $110.1M
    Sector: Gold

    A recent crowd favourite, BLK broke out of ascending triangle today and held. Right time, right sector.

    EMAs are rising and 10-day is above 25-day. OBV has been moving upwards while price has been sideways for the last few trading sessions, foreshadowing a move higher.

    All eyes are likely on the gap (circled). Not sure if it gets sold off once gap is filled, but I imagine a few would take profits there.

    IMO

    BLK 3 APR 2018.png
 
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