Stillwater Mining (PGMS) - pure platinum/palladium play Message Board

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Gold/Mining/Energy : Stillwater Mining (PGMS) - pure platinum/palladium play

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To: Pullin-GS who wrote (104)	5/29/1997 12:16:00 PM
From: TATRADER	of 182

Paul, I wouldn't call it a false breakout yet....I was expecting the stock to test the top of the rectangle pattern at 23.50...IMHO, I would be buying today, not waiting for higher prices....If this stock holds 23.50, it is saying we have genuine buying interest and we are going up.......My target remains 30.00 a share......We have professional traders who play these patterns, they are probably accumulating at this level, especially if they see 23.50 yielding support....However, if the stock closes below 23.50 today, you will win the prize, and we go back to a trading range from 19.50-23.50.... Let's watch the final 30 minutes of trading today, to see if we have strength or weakness....Regards, Mark

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