Weekend analysis -- 01/15/2005
NEM and $HUI monthly NEM still has room to go down. stockcharts.com[w,a]maclyyay[d19920117,20050117][pb20!b40!b80!f][vc60][iut!Ub14!Uya7,14,28!La12,26,9!Lp14,3,3!Lk14!Lf!Lg!Ll14]&pref=G
Weekly watch 40 and 80 sma crossing. It crossed, then definitely not good. stockcharts.com[w,a]waclyyay[d20010117,20050117][pb10!b40!b80!f][vc60][iut!Ub14!Uya7,14,28!La12,26,9!Lp14,3,3!Lk14!Lf!Lg!Ll14]&pref=G
The 50 and 65 sma already crossed down.
Daily need to watch 50 and 200 day sma cross !!
stockcharts.com[w,a]daclyyay[pb20!b50!b200!f][vc60][iut!Ub14!Uya7,14,28!La12,26,9!Lp14,3,3!Lk14!Lf!Lg!Ll14]&pref=G
In a word, NEM and $HUI long way from out of water. It those sma crossed, I need to further bailed out more PM. |