eenmakkie

BLDP a 30 year V shape recovery in the make. we hare half way.

Long
TSX:BLDP   BALLARD POWER SYSTEMS INC
here for the kids to play and learn. those who did not listen some months ago and sold when I posted the same after the red all time downtrend line was broken that SP will shoot up after the break can only hit them selves now.

here a chart on TSE where insiders play on.
1) All the rest of BLDP life, how short it can be if takeover will play now above that red line.

2) the chart is a large V shape recovery probably over 30 years.

3) there is a large blue channel to play within trending upward.
4) the mid channel line has not only be broken but also a weekly close well above. = the game is not over, a higher top is coming this year.
5) the 2006 day trading high is broken and we closed well above. this translates to the 13$ top on Nasdaq, so high probability that also that Nasdaq 2006 top will be broken soon this year.

(this is a basic version, mine has 10X more lines you won't understand.)

BB, MA on the min etc are all toys for daytrading in normal market. But won't help you as then you have an ants perspective and won't see what the Eagles sees.

A great chartist Peter Brandt learned me that "trendlines should be drawn in a manner that connects the most possible key chart important points. even if it ignores some spindles. "
I have seen some draw here charts with lines that only touch 1 point. sorry but that is not a trend line. that is a random line with random changes.

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