Weda Bay Minerals Inc Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Weda Bay Minerals Inc

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Intrepid1 who wrote (66)	3/10/1998 11:26:00 PM
From: Roberth	Read Replies (1) of 98

The plateau's are constant over time unless a major change to company fundamentals occurs. It takes activity to move the share price from one level to another so with an active program the share price should move up through subsequent resistance levels each one becoming support accordingly. These support/resistance levels are absolute. In other words, if there is a price plateau at 1.00 today then the share price climbs over the next few months only to decline subsequent to completion of a program it will once again hit the support plateau at 1.00 and hold it for a time. The basis of the theory is that most stocks experience price movement over relatively short periods of time so when they start to move they will change quickly as you say.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next