Northgate Exploration Limited - TSX: NGX; AMEX: NXG Message Board

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Gold/Mining/Energy : Northgate Exploration Limited - TSX: NGX; AMEX: NXG

NXG 50.07

+1.3%

Oct 31 3:59 PM EST

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To: Northern Marlin who wrote (38)	8/3/2004 9:40:32 PM
From: Northern Marlin	of 148

NXG's 2-year daily chart: stockcharts.com[w,a]dacayiay[d20020803,20040803][pb50!b200][vc60][iLb14!Le12,26,9]&pref=G It appears to me that the battle line for this stock is $1.75. Draw a horizontal line there. Now draw a trend line from the low in Oct '02 through the recent lows. It sure looks like $1.75 is destined to breached soon, with the next bull-bear struggle to take place around the 200-day MA (currently $1.94). Phil

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