I've entered BRU long today. With sentiment turning on energy and alot of setups both here and in the US looking good I have taken the punt. I have been waiting a long time for an entry point and, I believe, we are near there now.
BRU has formed a nice base here, not far off 3 year lows so I think downside risk is limited. Also, 10 and 20 day moving averages have come together (see chart) so if it takes off from here it the chart will look good and should hopefully gain momentum.
RSI is in uptrend.
I also really like SEA should the energy sector continue upwards and entered long
The Brains Trust, page-2164
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Last
3,136.7 |
Change
-22.600(0.72%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 3,159.3 | 3,159.3 | 3,117.3 |
| XSO (ASX) Chart |