Liberty Star Uranium and Metals Corp (LBSR)

[mstoneinv]

Last week I posted how the chart was setting up for a break. That is happening. A few foolish shareholders will try to prevent it by throwing away good money, but that will be futile. They are running out of bullets.

The .015, .01, .085, .075, .007, .006, and other "load up on cheap shares" levels were bought into and yet the price is lower.

Trust what you are seeing on the chart with your own two eyes.

LBSR chart is setting up as a text book perfect descending triangle.

Quote:This is a very popular tool among traders because it clearly shows that the demand for an asset is weakening, and when the price breaks below the lower support, it is a clear indication that downside momentum is likely to continue or become stronger.

The big break is coming very soon. Then we hurtle down to .004 at a minimum.