Wiz_of_Oz

Black Rock Mining - a TA Request

ASX:BKT   BLACK ROCK MINING LIMITED
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This TA is done based on a request. I have taken a longer time frame chart assuming that the request is based on a longer term investment decision. The weekly chart shows the price action is currently at the all time high & faces resistance in the short term. RSI also shows divergence. This means that interested buying may pause to allow for the price to correct. The company operates in Africa & overseas risks must always be considered in making such investments

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Thanks! Will watch for discrepancies to expectations and signals over the short-medium term.
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