BUT 0.00% 9.5¢ bright star resources limited

major uptrend for but in gold bull market

  1. 321 Posts.
    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
 
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Currently unlisted public company.

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