T.ITE: iTech Capital (TSE) Message Board

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Gold/Mining/Energy : T.ITE: iTech Capital (TSE)

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To: jurka who wrote (316)	4/10/1999 9:59:00 PM
From: keith massey	Read Replies (2) of 5053

Nice breakout for JDX. As we get closer to the AGM and the release of the big news this excitement should build. I think people are just now seeing the potential for this stock ($23 million in cash no debt, going into the tech/internet sector, insiders loaded up and connected, etc, etc.,) Based on the long term charts I call the next major resistance point at around $1.45-1.55 (resistance at 10/31/97, 5/12/97, 12/07/95 and broken support from 12/16/96). If it blows through that on volume then the next major resistance should be around $2-2.10. This is based on resistance 02/20/97, 2/19/96 and broken support from 07/22/96 and 5/16/96. The 50% Fibonacci line is also at $2-$2.10 which is often a major resistance point (often self fulfilling prophecy). Best Regards KEITH

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