Gold and Silver Juniors, Mid-tiers and Producers Message Board

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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers

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To: Claude Cormier who wrote (1748)	11/11/2005 3:48:32 PM
From: kacy_in_LA	Read Replies (1) of 78416

Actually, CKG is now trapped between its MAs, with the 200 providing support but the downtrend providing resistance. At this point, CKG really can't be considered a buy on technical grounds until it breaks and holds 5.50 (unless you are a seasoned bottom fisher), while a drop below 4.25 or so would mean a quick trip to 3.00. IMHO, of course -- and news could lead to the break one way or the other, depending on how good the news is relative to the expectations of those still holding the stock.

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