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Gold/Mining/Energy : Strictly: Drilling and oil-field services
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To: ItsAllCyclical who wrote (85774)1/31/2001 3:15:52 PM
From: Roebear  Read Replies (1) of 95453
 
JimL,
Here is one for the TA crowd, anyone can apply, what do you make of this chart:

stockcharts.com[l,A]dacLYyMY[Pb50!b200][VC60][IUc20!Lf!Lg]

Looks like a nice symmetrical triangle heading for a decisive move, current levels are at resistance from the move down a couple of years back (seen more clearly on TO:TEO I think) and recent highs. I am curious about the OBV not confirming the other two acc/dist. indicators. Some chartsites show OBV positive in Toronto though.

Of course this is TESOF, so I might be biased as to the expected outcome,

Edit: The weekly has more clarity:

stockcharts.com[l,A]wacLYyMY[Pb50!b200][VC60][IUc20!Lf!Lg]

Best Regards,

Roebear
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