Jul. 20 at 11:40 PM
$BLOZF If there's one thing this stock likes, it's to trade in the
$0.40 range for months on end.
I have no idea if this is on enough radars that it's being traded by algorithms, but if it is then those of us who are so inclined may be able to grab some cheap shares in the near future... as it looks like we're about to see another 'death cross' with the 50 day going under the 200 day moving average.
What's promising about my elementary chart analysis -
1. The average daily volume since May is less than the average daily volume from winter 2024/2025.
2. The price shot up every time the volume picked up the past two years
3. If they drop a solid enough PR for more interest, then we should be stoked, as the past few 'Golden Crosses' (50 Day going above the 200 Day) were followed by substantial price increases.
I have all the shares that I want, but if it drops to the
$0.20's or low
$0.30's with no bad news, then I'll chalk it up to algo trading and I'll probably load more.