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

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To: CommanderCricket who wrote (89078)8/10/2007 11:29:21 AM
From: architect*  Read Replies (1) of 206338
 
BZP Energy - the technical indicators MACD (12,26,9) STO (20,10,5) are giving a buy signal. 5DMA, 10DMA, money flow, and relative strength all trending up. IMO, a breakout above $5.70 would reverse the price channel from bearish to bullish. The $5.70 price range is where the July short positions were placed, so that price range may trigger a squeeze - 10.2 days to cover, and Corvina-14D on the horizon. Cheers!
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