Coeur d'Alene Mining (CDE) Message Board

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Gold/Mining/Energy : Coeur d'Alene Mining (CDE)

CDE 15.12

-12.0%

Nov 3 3:59 PM EST

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To: Box-By-The-Riviera™ who wrote (498)	8/15/2002 9:56:43 PM
From: TATRADER	Read Replies (2) of 621

Hi Joel, glad to see you are here...... The pattern here is a short-term head and shoulder top with neckline sitting at 1.75...Pattern is 1.75 by 2.50, projecting downside to 1.00-1.25 area...For pattern to be broken and new bull trend established, we need to take out 2.20..Unfortunately, we have 15 million shares of overhead sitting in the 2.06-2.20 area...going to take a significant increase in daily volume to take it out...I don't see this increase in volume until POS moves above 5.00 an ounce...So for now we are range bound from 2.06-1.25.....Once we take out 2.20, upside target areas are 2.75 and 3.25....

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