BRU
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0.00% 8.5¢ buru energy limited

Break of the trendline and the strongish bear rally suggest that...

  1. underthestars
    415 Posts.
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    04/08/13
    21:56
    Post #: 12153492

    Break of the trendline and the strongish bear rally suggest that downtrend is weakening and the formation of a bottom. Narrow consolidation below resitance and reducing volume is a bullish sign. Break of the recent high of $1.84 would offer a target $2.20-$2.40, while a break of $1.63 would mean another test of the recent low of $1,20




    This is not an investment advice
    BRU Price at posting: $1.71 Sentiment: None Disclosure: Held
    Likes Created with Sketch. 5  Upvote
    lightbulb Created with Sketch.  Great analysis
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8.5¢ 		Change
0.000(0.00%) 		Mkt cap ! $57.06M
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8.5¢ 8.6¢ 8.5¢ $24.48K 287.1K

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1 5418 8.5¢
 

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8.9¢ 6236 1
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