Just realised that BUX has not had a chart thread so far... time to start one as this could be useful "soon"...
BUX - not in it just for the chart setup. ... but the chart does provide some early signs to "enter at the right time for a possibly good ride". This is my indicator to TOP UP on BUX - which I did last week.
A bit more about the setup (check out the FA on your own please - will not disappoint) - the price has seen a rock solid base of 11c over a long time - a triple ++ bottom. The last few weeks has seen a confident improvement in the sp from that 11c base to 16.5c now. A CRUDE Cup & Handle formation in place (crude, simply because it is not the textbook shaped) - expecting a decent breakout nevertheless.
Check out the last time the 60EMA crossed over the 200EMA - expecting a similar crossover in the next few days. Recipe for a great run should that happen !
Some more comments on the chart!
