buru chart, page-84

OMG ! I was going to stay away from here ....but really!
CDU from when you mentioned it and I looked at it has dropped 20c! In the last few days, reading its scope of operations it may not have been worth the $4 it reached. As for share placements look at GBG and its shareholders for cap raising record! Look I'm not going to place any defamatory posts on here so end of Cap.raising issue.

Now whatever anyone think to read a chart you don't need to read announcements , papers , reports etc! And I will tell you why!
The movements on the charts are in reaction to sentiment in the share world over the activity in the market place.
If a spec company comes out with a whizz bang thingy that promises the world it will rocket up...CHARTS SHOW THIS EVENT. If when reality hits and price moves down......Charts show this also!
Charts show trends.....whether they react to reality or sentiment is of no concern ....as is buy and sell side!
I said before I like BURU and really regret I didn't get in at the low( had funds elsewhere) but I would have got out at the $1.80 mark ( 30% up) would have been good to anyone.

Even a child can teach something to an adult, I am doing a tangent to general charting and putting a dif view out there.


Cheers all. I guess this post will launch a new tirade!