BRU 3.66% 7.9¢ buru energy limited

The death cross confirmed the change in trend after the big...

  1. 46,599 Posts.
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    The death cross confirmed the change in trend after the big volume down candle (marked on chart ) you would have been out of BRU in the $1.70/$1.80 range instead of riding it all the way down to 26c / 36c - there have been several counter trend rallies that would have been profitable trades contained within the long term down trend - the point of the post was to add the value of T/A to preserve capital even for long term holdings.

    T/A is never going to get you in at the bottom or out at the top.

    bru death cross.png
 
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