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Strategies & Market Trends : Ahh Canada - 2 out of 3 ain't bad

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To: Cush who wrote (205)12/6/2000 10:03:55 PM
From: Davy Crockett  Read Replies (1) of 5144
 
Hi Cush,
I thought I would add the P&F chart for KCA on TSE
stockcharts.com

If you were to draw a trendline from the last "O" $2.50 to the "O" @ 4.75, a large triangle will appear. So it looks like KCA's moment of truth will be arriving pretty soon as we are close to the apex of that triangle. Hopefully the break will be in the right direction (for us longs). Otherwise we might have to be very nimble with this one... if it breaks in the "wrong" direction.

Regards,
Peter
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