After my nightly scans, I give to you the mighty Boise (BZ).
Price action on this stock will put you to sleep, but before dosing off, I am placing a entry trigger at 5.66 with a stop just under the lower trendline of the triangle consolidation. BZ just broke over the top line and ended as a doji in the last session. I see an opportunity to enter the stock long IF there is follow through to the breakout on Wed. If the stock does break higher, the long consolidation that has taken place will make for an excellent support level. The stock also has the support of the 20sdma and it is being accumulated as evidenced by the climbing AD line and the increased volume (green circle) during the last 2 days versus volume levels last week.
So it’s not the sexiest stock around, but it has been climbing during the past week on The PPT rankings and the technical set up cannot be denied.
One more item on the agenda. The Fly did state in one of his posts that I would also be giving lessons on how to pick up chicks. I really only have one lesson to teach you desperate four eyed geek mother fuckers and that is…
ONCE YOU HAVE THIS………………………………………………………………….
YOU’LL GET THIS………………………………………………………………….
