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Gold/Mining/Energy : Westfort Energy Ltd. (WT-T)

WT 11.84

+1.0%

3:59 PM EST

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To: rampage who wrote (801)	7/17/1998 1:14:00 AM
From: bhg	Read Replies (2) of 1288

Hi rampage, It looks like in Feb, Mar the $1.70 "area" was a resistance level. Now it seems to be a support. We will see, but if it does hold that would be very bullish. It would have to go test its next resistance level to see if it can start "stepping up" to a new level and build a new base. Flo J, or anyone else who has been following the technical side religiously, could you please respond and tell me if this might be the case. It tried to run away but wasn't successful and had to find its true support. It could be here. If it is, this is the beginning of a decent base. Until we hear more info from well #1 it may continue to be stuck in this trading range. Thanks rampage, Best Regards, Bruce

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