Blaze sitting on moving average.A stock id get in early with and just wait for the push through trend line, will behave like $rgl once through, minimal downside as id have a tight stop (2.7c) and plenty of upside.
Trade ideas
Blaze International BLZ.ASX crossing the 200EMAWith this cross, and the price of gold going up, BLZ has now shifted to bull control, needs to push past 4.2c to confirm. Given the gold price however, i feel like this risk-reward play is fairly low risk (3.1c stop loss) to high reward, (8c target short term).
Blaze International BLZ.ASX coming to a reversalBLZ is about to hit a resistance, i doubt it will go below 4c. However if it does then it is a great buying opportunity. Looking for a break out of the flag this week and a move up to 6c by the end of the month.
Blaze International BLZ.ASX with the breakoutBlaze has broken out of a resistance line, all it needs now is some volume to come in and over the coming week we will see a reversal into the mid 5's.
