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Gold/Mining/Energy : Rocca Resources
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To: Hassan Lakhani who wrote (35)2/20/2000 6:52:00 PM
From: Tony from Niagara  Read Replies (1) of 48
 
Hi Hassan

My source is the IR firm retained by RRL.

Looking at the chart IMHO RRL may have some upside left in it. Of course it depends to some degree upon the general market. But for what its worth, I see the following targets, based upon fibonacci and raff regression, 1.80, 2.25, 2.90 and 5.60.

A pitchfork takes it as high as 6.45 and the resistance trendline sits around 7.20.

But your guess is as good as mine.

Regards,

Tony
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