Welcome to Free Daily Charts

www.chartchat.com.au. Please click this link and visit our website for 'Chart of the Week' selections and see how our notional share portfolio is performing using these stocks. www.chartchat.com.au is under construction with new features being added along with a subscription service to help turbo charge your investments decisions.

Thursday, February 08, 2007

BSG - Bolnisi Gold (ASX)

BSG having broken through its ascending trend line appears to have completed its correction by trading above the recent descending trend line. BSG tends to recover strongly off the 200 DMA (illustrated by the dots) and with the MACD and Stochastic in a bullish relationship looks set to trade higher on a break of $3.04 for a possible target range of $3.75 - $4.07.