BLVN

Yeah - I've bailed out on this one for a small loss. That's trading for you!

This one broke down medium term trendline, I set my order to go long at 58.25
- Long term trendline and some support in this area

Looks good!

This formed a hammer right at the main trendline support, 61.8% Fib and horizontal support yesterday:



dl.dropbox.com/u/20815047/BLVNdaily11_12_12.gif

There are also bullish RSI divergences on the hourly and the daily stoch looks like it's starting to turn up. It's also possibly heading towards a MACD buy signal and the wave count seems to be working.

I may be biased since I took that trendline entry yesterday so please beware

Nice bounce off of the 61.8% Fib of the move from 53 yesterday. Let's see if it can be maintained.

F4T

Anyone adding/added? Seems to have bounced at 67p but on low volume?