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

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To: mred1998 who wrote (41577)	4/8/2005 1:33:41 PM
From: kodiak_bull	Read Replies (1) of 206223

Mred: Your question is a technical one. The technical answer is first and foremost this stock is in a downtrend. It just bounced off $11.35 on 3/30 and appears to be headed down again. Its recent pattern has been to "test and take out" previous lows; I expect the pattern to hold until it changes. It could curve and make a kind of flattish bottom down at $11, of course: that's for another day and another chart. stockcharts.com[h,a]waclyiay[pb10!b30!f][vc60][iut!Lr14!Lh55,3,1]&pref=G There is some support at $10 based on a few things, and that might hold. It's ATR is about 70 cents so you would expect to see daily bars in the 40 cent to $1.10 shape in the trend. For the moment unless something different happens to the price action, it's not signalling anything at all, at least not anything long. Kb

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