BRU
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1.25% 7.9¢ buru energy limited

as optimistic as i am, page-55

  1. FletaP
    1,855 Posts.
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    11/11/13
    14:11
    Post #: 12553292
    Occam here is my next instalment regarding the technicals. As of today the price is sitting on the 50% retracement which is still good for a move up but 1.49 must hold. Everything is pointing down and current price below the 10 day moving average does not help. What is the old saying about buying in gloom?

    Here is the crunch. I have a target of $2.50 from around here. However, if you want to play it safe I suggest that you wait until the price crosses the 10 dMA.

    Let's see.
    BRU Price at posting: $1.51 Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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