$BLU $BLU.axvery shallow pullback on the daily chart on low volume.
Expecting an upward move into green target zone.
Energy stocks are hot atm.
The target lines up with the falling wedge target also.
BLU trade ideas
BLU - Long term hold- one for the bottom drawer. Big upside.News released in March showed a non-binding agreement with some big energy players for gas supply. Infrastructure and pipelines need to be built, but this one could easily shoot back over 10c on news annoucements during this year. Good spec for the bottom drawer.
Blue Energy: BLU.AXWatchlist
Watching break of 7.5 level
Ascending triangle
Volume drop off
Trading above 21EMA
