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Strategies & Market Trends : Natural Resource Stocks

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To: jimsioi who wrote (3898)11/26/2003 9:19:00 AM
From: Jim Willie CB  Read Replies (1) of 108625
 
XNG has nice W-shaped Cup & Handle bullish pattern

stockcharts.com[h,a]dacayiay[df][pb40!c200!f][vc60][iut!Ue12,26,9!Ub14]&pref=G

top at 205 or so
bottom at 110 or so (autumn 2002)
last at 198

lift potential is 205-110 = 95
target nearterm is 205 + 95 = 300

once this breaks clearly above 210, it should move fast
a strong cold snap should get the job done this winter
an Alberta Clipper or Montreal Express
/ jim
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