Potential Buy Entry Alert CLA

Time Frame : Daily/Weekly

Sector : Materials/Basic Materials

Key Stats : $89.73 Million Market Cap, VWAP 0.125, ASX Ranking 838, 4 Week Av Turnover $233,119, Current Turnover (Intraday as at time of alert) $165,563.

Company Overview : Celsius Resources Limited (CLA, formerly Celsius Coal Limited) is an Australian company with a focus on developing resource projects. The Company has nickel projects in Western Australia via its 30% joint venture interest in the Carnilya Hill JV in Western Australia with Mincor Resources NL (JV) and 100% interest in Abenego Hill Project comprising tenements E39/1641 and E39/1684.

Broker Consensus : NONE

CLA – Celsius Resources Limited

CLA has lifted off the 10 cent level and selling is being soaked up by the buyers. We are now watching for further evidence that buyers are building a new leg higher with a higher low. Price is in a prime position so we should start to see some action soon.

Stock Code : CLA – Celsius Resources Limited

Company Website : www.celsiusresources.com.au

Current Price : 0.125

Status : On watch for buy entry setup