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Gold/Mining/Energy : JAB International (JABI)

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To: Susan Saline who wrote (3527)4/23/1998 2:07:00 PM
From: Galirayo  Read Replies (2) of 4571
 
Hi, Susan. Sometimes I end up in them early.

But actually ... that's when I want to be in anyway.

It's building a Base and the selloff has had duration. All the Triggers are lined up again. It's 1st move may be to cross the 300DMA and the 50DMA in 1 motion.
The down moving 50 is touching the 300 now. The almost flat 35dma is moving and touching the 50.

I fully expect it to move Up soon. Could be a really nice move too. I'd guess back to the 89dma again.

Looks like it's come to a stop in order to look both ways at this ...
MA Crossing or Convergence.

I've been wrong before though.

Does that look like a double bottom to you?

Ray
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