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Trade Trends with Bollonger Bands and Twiggs Money Flow

BLY - Boart Longyear

Chart Forum » Stocks - ASX: long term & fundamental » BLY - Boart Longyear

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kesil
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Username: kesil

Post Number: 1
Registered: 03-2012

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Monday, March 12, 2012 - 06:10 am:Copy highlighted text to 'New Message' boxEdit Post Delete Post Print Post    View Post/Check IP (Moderator/Admin only) Ban Poster IP (Moderator/Admin only) Move Post (Moderator/Admin Only)



Decided to watch this stock as a longer term investment.

It is an integrated drilling services and drilling products provider and has recently moved into China and Poland. This is a business for the long haul It currently pays a partially franked dividend. My preference is for companies which are not highly speculative.

Chart-wise it is trending upward and has now moved above a five month overhead resistance line, tested it and remained above so far.

Regards

Kesil

bly

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