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Gold/Mining/Energy : Canadian Microcaps

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To: whenitgoesup who wrote (547)8/5/2005 1:15:50 PM
From: rigolo  Read Replies (1) of 817
 
Walt, my take on it:

Based on 6m/daily:
Major support at .60.
EMAs crossing bullishly all over...
Lower indics topping...
Candles: Yesterday was gap closing exercice. Today (at 13h.) we have a reversed hanging man on the high Bol.
Volume a bit decreasing...
Conclusion: it should retest support and sideways for a while, until lower indics catch their breath. Then up swing up to .72 where another gap awaits. It will then be an official phase 2 stock.

All IMHO

Rich...
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