Bannerman Energy Ltd
Long

ASX:BMN BULLFLAG

333
Bannerman Resources Limited (ASX:BMN) is an ASX and NSX listed exploration and development company with a 95% interest in the Etango Uranium Project in Namibia; a southern African country which is a premier mining jurisdiction.

Bullish Outlook:
- Bullflag Identified
- Double Bottom off Daily Support
- RSI above 50.00 level
- MACD Bullish
- Volume increasing over the last 4 months
- Above 20 MA
- Targets above 1:2 RR

Bearish Outlook:
If previous high fails, then a test off daily support is likely. If bearish action continues then test of 8-9c is up next.

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