Replies to post #40116 on Liberty Star Uranium and Metals Corp (LBSR)

[J-Rhino]

There is absolute no reason not to average up in this case.

[deadjim]

Do not worry about catching bottom

If you do not have a position in LBSR, chances are you're about to miss the move. This could test mid .05s but if it closes up here I'd say it's NOT LIKELY, but Consolidation will be found at every level on the way up, so it will give you many opportunities.

If you have to ask someone if this is a buy, then perhaps you shouldn't buy it. One must know both the reasons for the move and most importantly what the move looks like when it happens. If we close up here today, chances are this will NEVER see .04s/.05s again, ok but the key here is going in averages. Buying pieces here, there, don't just toss everything you got because of what you read. Identify the move yourself. It's the only way you can be successful.

60min chart::