BTR 6.12% 2.6¢ brightstar resources limited

technical analysis, page-22

  1. 3,873 Posts.
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    Mango, let's think about this for a moment.

    What did the last announcement really say?
    It just confirmed another high grade nearby. The market though ran it from about $1.30 (remember it has re-traced back to $1.27 that morning) to $1.85 in only 2 hours so I see your point that it could drop a little again. But to where? Back to $1.30? That's where we were with the knowledge we had Wed morning but now we have new knowledge and data which is better than the data we had before. It's just a second dimension to what we already know.

    The respective runs last week had some enormous shark bite buys of $100K+ and I feel that that money is staying in. The little goldfish nibble sells of 2000 to 3000 here and there is just Easter egg money...let them have their fun, actually I'll be happy to take them off their hands and sell them back in May :)
 
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