Ed,SVB have to be in retracement mode. Those boys and girls are talking OFF TOPICS. Ed, but what happened last Friday in the market places????
Gold Breakout big movement June Contract closed at $$310.20.
VSE Index breakout that 640 and confirmed up trend in place.
TSE Gold & SVR index breakout and confirmed up trend in place.
FLK, CYP, DML, did not hit new hi, SVB must be in retracement mode. Both MGD and CWA are ready to breakout and will confirm up trend.
In the TECHNICAL world, the measurement of objectives (moj) ; the targets where the stock prices will be heading are:
1st moj 2nd moj 3rd moj
DML 2.85 4.30 10.85 MGD 33 52 1.50
CWA 25-26 65 2.40
NDE 65 1.00 2.00
Again, this just my thoughts, not any methods of forecast in this business is infallible.
Could anyone add more on this moj tables i.e. PLM, MGJ, CYP, FLK, LAB, LTU etc.......... |