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Gold/Mining/Energy : Kensington Resources Ltd. (V.KRT) * Diamond in the rough!

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To: Richard Cushnie who wrote (1259)3/4/1998 10:39:00 PM
From: TATRADER  Read Replies (1) of 5206
 
Dear Faithful, I am still with you...Technically we are holding out well...
I have two patterns on this stock, and both give an initial target of 80 cents...
1)Rectangle pattern is 20 by 50 cents....Add 30 to neckline at 50 and you get 80 cents...
2)Flag pole formation...Flag is 25 by 65...Take 40 cents and add to consolidation area...I have consolidation area at 40 cents...40+40=80 cents....(Zeev would probably argue that consolidation area was at 45 cents, thus giving his 75-76 cent initial thruster)

I would like to see this stock hold above 50 cents tomorrow, and get the volume level up to the 100,000+ level.....The road is filled with potholes but the trendline is still up....The Relative Strength tested
the 50 level and held, good sign...Plus you can draw a trendline using the Relative Strength Chart and you have a nice ascending trendline...

I could go on, but most of you are probably smiling and saying, Oh, no, not him again.....The energizer bunny has a companion, it is the TATRADER......I will now fasten my seat belt and await for Zeev to hit the side of the mine with a bottle of Chablis....

Regards, Mark
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