But as i said in a previous post, a little bit of rig news and higher volume might push BRU through this resistance,and if she holds above that then the next target will be that double top you can see that was the catalyst for the decline in SP.
I think that will be reached when the 3D seismic comes out and the oil begins to flow.
I cant see any negatives on the horizon fundamentally but if volume does not pick up i see a pull back happening on the technical side of things.
I know, technicals are voodoo but you cant miss that double top that caused the slide.
As aka said will hit 2 bucks before it hits %1.40
Eric!!!!! the rig mate.
BRU Price at posting:
$1.75 Sentiment: LT Buy Disclosure: Held
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