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Gold/Mining/Energy : Canadian Oil & Gas Companies

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To: Kerm Yerman who wrote (5925)1/25/1999 9:39:00 PM
From: AL R  Read Replies (2) of 24925
 
Kerm / Oil Produces Index

Caveat - I haven't gotten rich doing this.

Bearish:
The yearly chart has not broken it's down trend line.
If it breaks present support, will probably fall to 3,500 level. (Long Term Trend Line).

Bullish
It does have major support at present levels on both the yearly and long term charts.
It has not close below it's last low.
Volume is dropping

Check out the charts here.
pangea.ca

If this were a company chart, I would hold off buying until the chart at least breaks the down trend line.

Take care,
Al
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