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Strategies & Market Trends : Technical Analysis - Beginners

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To: Robert Bachynski who wrote (8690)9/25/1998 2:53:00 PM
From: TechTrader42  Read Replies (1) of 12039
 
You bought PDG two weeks ago for $17.60? From whom? A scalper?

Seriously, though -- the Canadian dollar aside -- it looks like a good pick. I see resistance at 15.4 (U.S. dollars), though. Maybe at 14.875, too. Yesterday's close was 14.0625 in U.S. dollars. It broke resistance at 12.75 two days ago -- a good sign. Some shorter-term indicators such as CCI are starting to show that the stock is a bit overbought.

Brooke
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