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Gold/Mining/Energy : Canadian Position Trading-looking for technical breakouts.
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To: kingfisher who wrote (58)6/21/2000 7:40:00 PM
From: Shack  Read Replies (1) of 128
 
PWI.UN, wow what is that a 27% return if the price doesn't move? Thats not even taxable is it?

Its already had a pretty good pop but it does look like a c&s. Its certainly not a sell unless it drops back to the low 7's. Should consolidate and wouldn't be surprised to see that gap close with a move to $7.55. If it doesn't close within the next few days, I would interpret that to be even more bullish. I'm not an expert at classical chart analysis, I use more of the indictors and stuff so if anyone else wants a crack at an analysis, be my guest.

Hope that helps.

P.S. VKR.UN looks like it may have a pop in her.
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