OTCQX:BALMF - Post by User
Post by
BEARINTHEWOODSon Nov 18, 2014 3:46pm
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Post# 23141149
BALMORAL Weekly Chart
BALMORAL Weekly Chart
BAR weekly chart is looking very interesting at the current level of trading. A Friday close above the $1.30 level would give some hope for the following week to also remain above it; thus completing the retracement from the $1.90 high to the $1.00 low on the weekly chart.
The retracement has lasted more than 3 months, since August, and now that the selling pressure of warrants, private placement coming due is off the stock and with a more positive outlook starting to emerge in the marketplace; the market appears to be much more receptive to BAR's forthcoming drill results.
Always do your own dd and seek professional advice from a registered representative before acting on anything read on the Internet. This is for information purposes only and based on public information readily available to anyone.
Good day, BITW