Liberty Star Uranium and Metals Corp (LBSR)

[Zenfolio]

Here is an updated commentary from the same guy...

http://www.pennystockspennystocks.com/lbsr-liberty-star-uranium-metals-corp-ready-for-take-off-again/

I have recently been studying the gold, uranium and copper mining penny stock Liberty Star Uranium & Metals Corp again. I had extensive coverage of LBSR many moons ago which you can view in the archives here. At that time I had given LBSR a penny stocks penny stocks rating of 1, our highest rating.

Now I see that LBSR selling has dissipated and LBSR has formed a supportive range above .04.

I see now that LBSR will make a move back up to the old highs at .19 and now Liberty Star Uranium & Metals Corp is on high alert again as the trading pattern begins to emerge again.

This next leg up in price should be quite amazing because it would be an elliott wave 3 up which is usually the longest and strongest wave up in price.

The recent multi month decline showed a clear pattern of downward price losing its momentum and selling volume rapidly losing force.

I have some very long term charts (going back to the year 2000) of LBSR that more or less prove that we should be able to exceed .19 cents. I will have those charts forthcoming in the days ahead.