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Gold/Mining/Energy : Golden Triangle Ind., A Golden Opportunity? GTII
GTII 0.0001000-99.2%Jan 15 4:00 PM EST

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To: CLK who wrote (10)11/30/1998 12:58:00 PM
From: Jeffrey L. Henken  Read Replies (1) of 44
 
Technical analysis on GTII:

Moving Average Convergence/Divergence (MACD) indicates a BULLISH TREND
Chart pattern indicates a POSSIBLE TREND REVERSAL
Relative Strength is BULLISH
Up/Down volume pattern indicates that the stock is under ACCUMULATION
The 50 day MOVING AVERAGE is rising which is BULLISH
The 200 day MOVING AVERAGE is falling which is BEARISH
LOOK FOR SUPPORT AT 6.63
Stochastics indicate stock is OVERSOLD

GTII is once again selling well below book value. It's one of the few oil stocks actually earning money now. I think it's a heck of a buy.

Regards, Jeff
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