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Gold/Mining/Energy : Century Mining Corporation

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To: tanoose who wrote (15)4/21/2006 3:10:54 PM
From: longjonsilvers  Read Replies (1) of 545
 
Do we have a breakout on CMM today? from the high of 1.89 on the 30th of march to the high of 1.55 yesterday is the top of the triangle. the bottom is from the low of 1.30 on april 8th to the low of 1.42 yesterday. that gives us a triangle ending wednesday or thursday of next week at 1.49. the top of the triangle today is at 1.54 - now trading at 1.57 - thats 2% above the breakout. if we get a close over 1.58 we will have a confirmed breakout today? in addition the macd appears to have bottomed and the stocastics have already crossed over and turned up, the macd histogram is improving. if the pog holds up today, which it appears to as of noon eastern time, supported by the pos, we stand a very good chance of a breakout. then upward on the pp closing and news next week? if this triangle is really a bull flag - which flies at half mast (see previous posts where i predicted at top of the flag at 1.50 - well it overran a bit (heh heh) but close enuf for jazz) then the top of this flagpole is 4$ - now does that cheer anybody up? now the first half of this flagpole took 1 month to form. could that mean the next half will take a month as well? if so we could be well on our way to 4$ by AGM heh heh of course if this formation is not a bull flag but is instead a triangle as discussed above then the target is only 2.10$ oh well ill take it
hi ho hi ho
its off to work we go
jon
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