First of all, I am new to technicals & have only been investing & trading for a year now so please don't run with this its just my inexperienced opinion please do your own research.
I have been swing trading Bushveld for a few months now and see the price action gap down looks to be getting smaller I'm looking for a quick pullback and hoping for a push through...
Having sliced 1/3 at 38.5 after buying at 30.3p I have now sold rest at 34p to protect profits.
Possibly a retrace to 30p again where 50ma lies, if it not then I will evaluate the chart for another entry at some point.
I generally don't chase the price if I don't get it.
A solid company producing vanadium.
• BMN trading near all time highs
• Both Wave 3 and Wave iii are in motion
• Momentum studies positive
Currently trading near all time highs, Bushveld Minerals (BMN) still has room to continue higher. A rally begun with a gap after a year long consolidation period. With a high at 24.50 reached in...