Bendigo Mining is good to break out this week. I recommended this stock on the 26th Feb, because it had reached a support. Since then it has gone sideways. It is very close to breaking out, and a breach of 35c should be confirmation for it to gather momentum.I am expecting this stock to rally to 42c resistance, then I expect it will settle back to support at 37-39c. Should be a good trade. The weekly chart gives me even greater confidence in a breakout. Current price is 32c.
-----------------------------------------
No comments:
Post a Comment