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NEM
GG
GRZ
MRB
Brake Outs,
Started by
Thunders
, Mar 28 2004 05:06 PM
3 replies to this topic
#1
Posted 28 March 2004 - 05:06 PM
#2
Posted 28 March 2004 - 05:25 PM
Thunders, here is another look at NEM. This is a chart I posted several days ago. I would be careful calling the break out as it is currently right at resistance. The P&F chart did however issue a double top break-out on Friday with a price objective of 55. If it breaks resistance, it should send the XAU and HUI on new P&F buy signals as well. Volume was decent on Friday, but I would like to see continued expansion of volume on any break of the noted resistance.
Thanks for the charts. The other stocks look interesting.
Best.
http://stockcharts.c...26965910,Y].gif
Thanks for the charts. The other stocks look interesting.
Best.
http://stockcharts.c...26965910,Y].gif
Trade based on what you see happening, not what someone else thinks or hopes will happen.
#3
Posted 30 March 2004 - 06:44 AM
Thank You Betelguese
#4
Posted 30 March 2004 - 05:02 PM
Thunders, your welcome
Looks like broken resistance today on NEM and new P&F buy signals on HUI and XAU.
Trade based on what you see happening, not what someone else thinks or hopes will happen.