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


To: Condor who wrote (1328)11/1/1999 11:35:00 AM
From: Kevin Hamlin  Read Replies (1) | Respond to of 5053
 
I do like the way JDX is trading now and the chart does look very good Keith. I was a little suspicious a week or two ago of the rise....too speedy and not enough volume there. The rise this time definitely does look different and better now...at least to my eyes!

As for any kind of a box there...I don't think there is. JDX is starting to build and I think .80 is just acting/looking like a possible temporary resistance point. I don't really see this from the charts...more just that people tend to think in "round nickels" when they put in a sell price....hence the specific ".80" Some will duck the .80 by a penny just to get the sell in...therefore a bit of selling offered at .79. In any event, if the trading continues as it has, I don't think we'll be at these levels for too much longer.

Regards,

Kevin