BSM 0.00% 0.8¢ bass metals ltd

As promised:Looks like a double bottom on a large (and more...

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    As promised:

    Looks like a double bottom on a large (and more reliable) scale which is also around the 78% fibs

    https://hotcopper.com.au/data/attachments/1606/1606749-3376c2173203475f80e13a0f047c9611.jpg

    Positive divergence strengthened. Essentially it means the share price is lagging behind recent buying pressure. Soon to be rectified IMO
    MACD crossed over and continues to rebound nicely, meaning uptrend in moving averages has been established and maintained.
    The 21 MA in the past has been well respected and best illustrates the current trend; it currently sits at 1.1. An outbreak of the blue channel would also coincide with an outbreak of this MA and would confirm a reversal of the trend. Big move coming, watch this space.

    https://hotcopper.com.au/data/attachments/1606/1606737-631fd86d0e0627483a0d3f39d5d2290a.jpg
 
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