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Gold/Mining/Energy : Alta Gold

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To: hoopsville who wrote (558)3/29/1998 1:51:00 PM
From: Francois H. Gaston   of 749
 
Thanks, Barbara, for the link (that I did not know).
ALTA has room to go up... BUT POG has to agree!...
Here is a chart showing that Accumulation continues (OBV is plotting Accumulation/Distribution but taking also into account the volume of transactions). MACD is also giving a buy signal (Friday).
Descending trendline is broken (great)
And Bollinger Bands are fairly tight... this could mean that ALTA will break out and enlarge these Bands real soon: How about 2.25 Monday? That is a real possibility as volume has been increasing... Cool!
Good luck all.
Gaston
members.aol.com
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