BRL 4.97% 84.5¢ bathurst resources limited.

Rising Volume; Rising price, page-2

  1. 26 Posts.
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    BRL is a tricky one to give a firm analysis on because of its somewhat erratic behavior.
    My TA system gave me buy signals for Oct on the 6th, 20th and 27th (which is why I am looking at this thread).
    The 27th shows a breakout > 6.0 with potential of 10 - 10.5 cents in the short term (channel breakout).
    It has been performing extremely well since August but the problem that I see is that it is overbought (RSI) and is looking at a possible correction.
    My idea would be to wait and see if it can find support at 6.0.
 
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