016622
- 03 Dec 2004 11:03
looks like a nice rising wedge with a good year long+ trend??
eddieshare
- 03 Dec 2004 20:14
- 2 of 3
Hi 016622
Yes it does look prety good. The trend has been in place since april 2003, cost per share about 0.63p. The trend is still going strong. Recent news on 01/11/04 BDH buys AM plant & tool hire. The comany is in the fledgling market, so buying another company will only help it establish its position in the market. The company capital is 49.3 million as of today. I don't Hold this stock but it would be worth consideration. It looks like BDH is setting up a new support level at about 1.46p. BDH has made quite a large gain on 24/11/04 & it looks like some profit taking is going on. No matter where you get in the trend looks to be up.
Good Luck
Any thoughts yourself ?
016622
- 06 Dec 2004 12:07
- 3 of 3
cheers edddie,
Yes , same thoughts really, I like strong trending shares and this looks like it is at a crucial point...if it does break upwards, 2 looks likely short term.