Stirrup Creek Res. (SGU.V) - Great chart, rising price. Message Board

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Gold/Mining/Energy : Stirrup Creek Res. (SGU.V) - Great chart, rising price.

SGU 11.86

+0.6%

2:04 PM EST

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To: shalom who wrote (8)	9/18/1997 1:19:00 AM
From: Roberth	Read Replies (1) of 16

Whatever the story was, the latest rally started last December. Presumably the Bre-X story impacted it as interest died in late March to early April. Since then there has been no market activity to interest me at all. Using TA, the support levels have been achieved all the way down with the stock hovering at each successive level for 3 to 6 weeks. Only upward movement in price was purely on technical price bounces. Current support plateau is 40 cents and resistance at 70 cents. In any case, with a number of active and positive stories going on elsewhere I wouldn't be looking at this one.

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