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Brake Outs,


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#1 Thunders

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Posted 28 March 2004 - 05:06 PM

If you like what you see you might want to educate your self as I did on this site: Trending123.com, there you will find the true master trader. :ph34r: :rolleyes:

NEM
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GG
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GRZ
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MRB
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#2 PIK.

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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
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#3 Thunders

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Posted 30 March 2004 - 06:44 AM

Thank You Betelguese :rolleyes:

#4 PIK.

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Posted 30 March 2004 - 05:02 PM

Thunders, your welcome :rolleyes: 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.