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Thursday, 6 July 2017

BlackGoldNatural: 6 July 2017, Thursday, 8.05am Singapore Time

6 July 2017, Thursday, 8.05am Singapore Time

Attached above is the technicals for BlackGoldNatural, a stock listed in Singapore SGX. Upmoves continue to be impulsive and downmoves corrective. The run-up is far from over and it will continue to surge. The technical chart as illustrated further shows all the large bull flag poles, bull flags and bull pennants while the smart monies are in based on the volume flow as highlighted in the technicals as well (refer http://donovan-ang.blogspot.sg/2017/05/blackgoldnatural-25-may-2017-thursday.html). The volume flow is very healthy, and with volume absorption and healthy volume flows, the intention is clear. Bullish. More up-moves expected.

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