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Gold/Mining/Energy : Winspear Resources

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To: marcos who wrote (9888)12/2/1998 4:00:00 PM
From: John Paquet  Read Replies (2) of 26850
 
Hey marcos;

the minute chart of WSP looks profit takers set in, WSP open a nice gap up then after 2-3 times unable to break that $3.11 profit taker set in. This constitutes triple top for the time being, although it manages not to close the open gap but I do think the gap will close by the end of today market close. This then is forming a key reversal day, profit takers will compete each other like the getting off the bus theory, I want to ahead of everybody, then secondary trend establishs, and then this may last for 3 days to 3 weeks correction until hit that $2.55......

Anyway; this is 100% purely my practice of chart reading and market behavior expectation. There is no science and any fundamental involved with. I hope I am wrong so that I could learn more.

John Paquet
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