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Gold/Mining/Energy : T.ITE: iTech Capital (TSE) -- Ignore unavailable to you. Want to Upgrade?

To: Nathan Hansen who wrote (643)	6/23/1999 10:30:00 PM
From: Dav!d	Read Replies (1) \| Respond to of 5053

Hello Keith, Just a quick chart update. Have you noticed the symmetrical triangle being formed with the top trend line starting from mid-April and the bottom trendline formed in early June. The top line is a $0.82 and the bottom at $0.76 (note: these are closing prices). Thus, I would expect a good day tomorrow with a close above $0.76 but a close below $0.82. Anything other than these would suggest a temporary breakout. We are currently at the 100d MA. Hmmm... Major note: I really like MACD. Notice that the faster MACD line crossed below the slow MACD line back in April. Since that point, the faster line has been below the slower line, but never crossed. Once the faster line crossed above the slower line than we are in business. I am taking a wild guess but I expect some news in the next two weeks (i.e. after July 1). Than we start the run. Hope I'm correct. db