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[sharechat] Chartist challenge Voodoo dept replies


From: "Tony Haddon" <haddon@ihug.co.nz>
Date: Wed, 5 Jul 2000 20:40:46 +1200


Mark, from a technical viewpoint alone, I reckon the only factor impeding BRZ's retreat from this week's rally to 2.14 and further on it's merry downtrend in the short term is the bullish wee rally across the board on ASX, where higher closing stocks have outnumbered lower closes for 5 days (I think it's 5, I haven't looked at today's data yet). There's 147,000 shares on the bid, 86,000 offered, that's also a bright spot I suppose, but it's not a stock I'd be rushing out to buy tomorrow anticipating a quick gain.
 
Regards
 
Tony Haddon

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