Canadian Position Trading-looking for technical breakouts. 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 : Canadian Position Trading-looking for technical breakouts.

Public Reply Prvt Reply Mark as Last Read File

Next 10PreviousNext

To: Shack who wrote ()	6/11/2000 8:53:00 PM
From: Shack	Read Replies (3) of 128

Just to get the ball rolling, I have taken positions in two stocks this week. BCH.TO-Biochem Pharma. It is showing strong accumulation as measured by Chaikin Money Flow and OBV, It is trading right around the $36 resistance level having broken through briefly this week. It has seen a pick up in volume over the last couple of weeks on very little news. Its also in a hot sector. I see a move to $40 in the short term. WPT.TO-Westport. Many of the same positive indicators as above . The difference is it is in a very narrow consolidation and I feel the pop could be large. Volume is also up over the last 3 weeks. I also noticed that ATF.v which is a very similar company (alternate fuels for diesel) showed similar strength this past week especially Friday. It looks like someone within this industry is anticipating some sort of positive announcement.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Next 10PreviousNext