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Strategies & Market Trends : The 56 Point TA; Charts With an Attitude

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To: Magnatizer who wrote (23145)12/18/1998 10:57:00 PM
From: Alski  Read Replies (1) of 79308
 
SWC? Anybody here been following SWC since it was last mentioned here a month ago? It seems to be approaching the apex of a wee little ascending triangle. Positive stoch crossover at 85+. One more up day and there'll be a MACD crossover too?
Oh, by the way, don't let them that call this a gold stock with a PE over 110 fool you too much. Platinum ain't gold, although it's a close cousin. Platinum has been trundling along nicely, unlike gold. And that PE, well 10 anal-isits are saying 339% growth this year and 154% next. Something to do with SWC being "the only U.S. producer of platinum and palladium, and the only significant source of platinum-group metals outside of South Africa.
FWIW...Alski
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