BRU buru energy limited

BRU Chart Thread for Yatchy, page-179

  1. 2,058 Posts.
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    all good points and it hangs in the balance at the moment but having a look at the chart pattern in isolation the BRU has a rising neck (trend) line whereas the comparison head and shoulders tests the left shoulder low again with the right shoulder fall which I guess doubles the significant downside risk, if it tests again, which it does and fails.. BRU could test the neckline and still be in an uptrend on the other hand

    on the flipside having a look at the op update, looks like 4,5 will be back underway at light vehicle access which could be sooner than we think.. is this enough of a catalyst who knows but a fair bit of gloom is now priced in me thinks

    GLTAH
 
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