Short Term Trading Week Starting: 12th Sept, page-43

  1. 1,863 Posts.
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    STTCOMP BRN, TA Long

    Market Cap $93m,
    Current share price: 0.105/0.100


    I have been observing BRN for a few days, imo today it had been controlled well in the trading side, sellers had been dominating but they did it on purpose , so that they could buy more.

    On the chart side, I know two consecutive dark candle is no good but as I said I do not think anyone is really selling at this price level, the trading pad was full of manual controls. I was looking at all time price history and I see a potential big upside movement in very short future.

    Traded AZK (BRN's previous code)before, right from 0.055 all the way up to 0.62, that was one of the best memories in my life.

    There were shares released from escrow (109m from its Chief Operating Officer Mr Anil Shamrao Manka on 9th Sep)
    Notes that Mr Anil Shamrao Manka is NOT a director of the company therefore selling from him will trigger no notice at all but to be honest I would be very surprised if he sells at this price level.

    Entry of BRN based on a potential TA breakout with immenent news due, the news could be a SNAP commercial application that all people have been waiting for.

    I hope this tip can give me at least a yellow highlight in the 4 week STT leader board.


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    Last edited by Waiting4Godot: 12/09/16
 
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