barchart rates cjo a buy

http://www.barchart.com/quotes/stocks/CJO.AX


The technicals are starting to look good. Combined with the increased volume and pending BFS we can expect rapid upwards movement in SP.

It has broken it`s 38.2@ retracement.

The price has crossed the 9 day moving average.

Once it breaks 0.14 it will be at a new 13 week high, with some resistance at 0.154, then next target 0.19.

If silver and gold prices also firm up to coincide with the BFS we could be looking at a great rerating.

DYOR