Shore Gold C.sgf Message Board

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Gold/Mining/Energy : Shore Gold C.sgf

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To: Bobby Yellin who wrote ()	4/27/1998 8:55:00 AM
From: Steve Kirk	of 550

A TECHNICAL REVIEW OF Shore Gold FOR 4/24/98 LAST DAYS TRADING VALUES Open 0.6500 High 0.6500 Low 0.6100 Close 0.6500 Change 0.0500 (8.33%) Immediate Situation The immediate trend is weak but beginning to strengthen, Price volatility is above average. Expect the closing prices to range from 0.62 to 0.68 although these values may easily be exceeded due to the current probability of continued volatility. Short Term Trend The short term trend is neutral. Watch for strong price support in the area of 0.60. The .060 mark was established on April 7,98 and has recently been reaffirmed. Short term resistance is indicated in the area of 0.80 and 0.72. Intermediate Support and Resistance Expect very strong intermediate price support at 0.46 and long term support at 0.28. Intermediate resistance is predicted in the area of 0.72 and 0.80. The intermediate trend is neutral. Long Term Forecast: The long term forecast is bullish. The positive strength rating is 100.00 percent and the negative strength rating is 0.00.

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