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Gold/Mining/Energy : Big Dog's Boom Boom Room

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To: wildandwonderful who wrote (20811)3/25/2003 6:58:18 PM
From: chowder  Read Replies (2) of 206166
 
For those who know how to read candlesticks, CRK had a nice reversal type pattern yesterday, confirmed with a nice looking long white candle today. Very bullish!

CRK wasn't quite oversold, but it was in a nice range that made it due for a reversal.

Today's volume concerns me though. Normally, you would like to see more volume with the type of price move we saw today. It settled right at the 50 day moving average, a level of resistance.

Tomorrow is an important day for CRK. It would be nice to see that resistance level broken and a little more volume in the process.

Today's action was very nice though.

stockcharts.com[h,a]daclyiay[d20021125,20030325][pb50!b200!b9!i!b5!f][vc60][iut!Lh14,3!La12,26,9!Lg]&pref=G

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