Chart Watch 2007-02-15
Thursday, February 15, 2007
Industrea – IDL
Industrea stop again has been moved, now at $0.335. A close yesterday of $0.365 and and intra-day high of $0.375.
Bluglass Limited (BLG)
Bluglass closed below our stop loss of $0.545 at $0.54 yesterday. The trend is looking week and an exit should be made tomorrow. It looked like support was going to hold at $0.55, but the I'm not confident the short term group will respond favorably .
Charter Hall – CHC
We decided to stay in CHC, even though the stop loss was broken last week. The trend wasn't weak enough to exit. Looks like there is short term resistance at $2.50 and a close above will be encouraging. Stop Loss remains at $2.42.
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