MNG look slike it has potential here....
Gold pattern?
Started by
dollarbear
, Apr 08 2004 12:53 PM
3 replies to this topic
#1
dollarbear
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Posted 08 April 2004 - 12:53 PM
Gold double top? or cup/handle? not sure... still hopeful though
MNG look slike it has potential here....
MNG look slike it has potential here....
#2
uncleharley
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Posted 08 April 2004 - 11:23 PM
The top chart looks like a cup with a busted handle. That implys some downside coming up. 
#3
PorkLoin
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Posted 14 April 2004 - 07:43 AM
I see the chart as Gold eaking out a slight new high, ending up the rally. Commercial traders are monstrously short gold futures, and IMO the short side is the place to be for now.
Best,
Doug
Best,
Doug
#4
skott
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Posted 15 April 2004 - 06:21 PM
I might be a buyer of MNG around $1.20/share. It'ls losing money though and revenues are decreasing as well.
scott
