zAngus

Bowen Coking Coal - Back above its 200 Moving Average

zAngus Updated   
ASX:BCB   BOWEN COKING COAL LIMITED
Bowen is another one of those 300%+ runners over the last 12 months and has finally broken back up above its 200 day (exponential) moving average which could be a good bullish sign. Its also at the bottom of its long linear regression range / channel with some good potential upside if it trends like it has in the past.

Could be worth a watch.
Comment:
Nice 8% move up today. Hope it holds.

Comment:
Ended up moving up around 15% before falling all the way back to support. It didn't make it to the top of the channel, but did make a higher high and a higher low. Slow and steady...


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