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Gold/Mining/Energy : Daytrading Canadian stocks in Realtime -- Ignore unavailable to you. Want to Upgrade?


To: keith massey who wrote (19782)7/24/1999 11:47:00 PM
From: New Economy  Respond to of 62348
 
NNC-T <he chart is falling on increasing volume and is near a key resistance point.> The increasing volume in the chart may just be attributed to panic selling. If you look at the chart back in Oct. 98 the stock got pounded down to $28.00 and ever since bounced up to new highs. Yes they disappointed the street and the stock got shot down $10.00 back in April. The key resistent point is the $36.00 area which it hit on Friday and bounced back in the afternoon on large volume. I am not suggesting to anybody to hold NNC for the results...it was just a day trade gone bad for me.