Monday, December 04, 2006

Bitterroot Resources (BTT-vc) Analysis 12.04.2006

Buyers have been stepping back into the stock the past 4 months.

Buyers took profits last week, with a test of the prior high at $0.85.

Early buyers showed up on Friday, as evidenced by the hammer candle pattern. Watch early next week to see if more buyers start coming back in to take price higher. Next upside tgt is the test of the $0.85 high, then $0.90ish, then test of the $1.34 high.

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