BSL.ASX and a Notice.

I thank for those friends/members who has shown an interest and registered to the upcoming webinar which I will conduct. It will take place first Tuesday of  every month until further notice. Link to join the webinar will be sent to those who have registered an interest already a day earlier. I have sent few emails out recently to those friends/members who have registered advising them some of the agenda items. It may be that my emails may not have reached to some for whatever reason it may be. If you have registered and haven’t confirmed already (two confirmations still pending with 7 on hand), could you kindly send me a reply to this post confirming that you will attend if still interested. There will be up to 10 people in the group including me.

 Now to the short term outlook of BSL.ASX where a BULL TRAP/FAILED BREAKOUT/UPTHRUST  is on hand. What may unfold now is to expect a retest of the zone at $13.50.

I ask myself, are the short stops hiding above the high of the bar marked as BULL TRAP ?

Disclosure : I have no open position with BSL.ASX

Chart is courtesy of tradingview.com

bsl14032018

Disclaimer

All the information and analysis provided on this website is general in nature and for educational purposes only and does not constitute financial advice. No content in any way implies a recommendation to buy, sell, hold or short sell any financial instrument, nor is it financial advice.

Investing and trading in financial markets carries considerable risk, and should always be done in consultation with a licensed financial adviser taking your personal circumstances, financial situation, objectives and needs into consideration.

Links to other websites are inserted for convenience only and do not constitute endorsement of any of the material on those sites, or any associated organisation, product or service. Kazim Agaoglu is not responsible for the content of any site owned by a third party that may be linked to this website and such links are provided as a courtesy with no judgment or warranty being made concerning the suitability, accuracy or otherwise of the content on any such site.

Kazim Agaoglu disclaims any undertakings, warranties or guarantees, express or implied and shall not be liable for any loss or damage whatsoever arising out of in connection with the use of or reliance upon any of the information on this website. The user accepts sole responsibility associated with the use of the material on this site, irrespective of the purpose for which such use or results are applied. The information on this website is no substitute for financial advice.

 

 

 

Comments are closed.