BNL No volume on the breakoutIncongruent OBV,
Incongruent Volume
This strong move is not based on increased buying.
BNL trade ideas
BNL breakout to 4.2c upcoming news.Bluestar Helium broke out today on good volume back over 4.2c after ranging in the 3-4c frame for several months. Upcoming news is immanent, and possible granting of licenses. Positive news could send this back over 5c. Good jurisdiction and niche market.
BNL about to break to upside.After the completion of the current small pull back to the Fib retrace level of 0.5 (0.013), we will see the current descending triangle complete. With Stoch RSi primed, Current RSI neg divergence complete and building to upside , MACD cross over, and volume starting to build, we should see a break to the upside, which will continue the preceding up trend.
