USTU saw above average volume yesterday with trading at over 3 millions shares. This is a bullish indicator as volume usually precedes price appreciation. We expect USTU to build more momentum in the coming days and to build a solid support level in the 12.5 cents and 15 cents area. Just last year, USTU was trading over 70 cents leaving plenty of room for great gains. Even a move to 40-50 cents could mean a triple or more from current levels. If you havent look at the company yet you can visit their website at : ustungsten Whatever you are doing right now, we suggest you start looking at USTU before the market opens. Given the small float of this company, USTU could rally quickly in the near term.
Posted on: Thu, 16 Jan 2014 19:24:46 +0000
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