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Message: Back on radar

Brigus Gold is now back on the radar from my last call of it in the November 29th newsletter where suggested an entry at $1.69 with its target being the top trend line around $2.05 at that time. It hit a high of $2.15 before starting to pull back and has returned to the support like where I suggested the entry. Time for a re-run? LOL! Indicators have started to turn upwards again and I think this time we are going to be forming a Cup and Handle formation. What we should see develop here is the right side of the cup. The play this time would be about the same, entry at this level with a target of $2.10 to complete the cup portion. Stop loss should be placed just below the support like or around $1.58 to $1.55

See chart here
http://us1.campaign-archive2.com/?u=4d6d491aea8e01d93d8a1f390&id=710abcf5e8#BRD

Cheers!

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