Fabulous article below - well worth your close review
http://www.buysellsignals.net/BuySellSignals/report/Australia/Stock/PDF/Daily/Australia_pdf_2411.pdf
Snippets :
Exponential Moving Average Price (EMAP) [with higher weightage to recent prices]
The price to 50-day EMAP ratio is 2.1, a bullish indicator. In the past 50 days this ratio has exceeded 2.1 four
times suggesting further upside.
Breakout
In the last three months the stock has hit a new 52-week high fourteen times, pointing to a significant
uptrend.
TECHNICAL ANALYSIS
Significant Uptrend
Price volume trend
The price soared 25.9% in the last week and 25.9% in the last month. This has been propped up by robust
volume of 2.9 times average for the week and 2.3 times average for the month.
TOP MANAGEMENT
The chairman is Warren Gilmour.
Another great article for your perusal is
http://www.proactiveinvestors.com.au/companies/news/9028/tasman-goldfields-acquires-kitongo-gold-project-in-tanzania-9028.html
Just take note that TGX changed its name to BUT Brightstar Resources
Also check out the Kitongo Project at :
http://www.tanzaniagold.com/kitongo.html
Watch this stock hit the 20s soon.
Refer back to my previous posts
- Forums
- ASX - By Stock
- BUT
- major uptrend for but in gold bull market
major uptrend for but in gold bull market
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