buy recommend by tolhurst

A friend sent me an e-mail re another share but this was also on the list.Sorry don't know how to post the graphs.. Put your e-mail addy and I will send the e-mail I have.


MUN has gained 59% over the past year. The stock is trading in a long and
short-term up trend and a medium-term down trend. After it reached a
record high of $1.02 in late February the stock started trading in the red and
the correction is still technically intact. The bears seem to have run out of
steam and over the past two weeks the market is taking a breather with the
price trading in a narrow congestion between $0.73 and $0.78. Tuesday’s
price action broke above the resistance at $0.78 and signalled an
accumulation is taking place and triggered a buy signal. The initial upside
target over the short-term is at $0.90 and $1.00 thereafter. A break above
the February high will confirm the continuation of the primary up trend and
our next upside target will be at $1.23.
Last Price $0.80
Recommendation Buy
Support 0.72, 0.63, 0.55
Resistance 0.88, 0.93, 1.02