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Gold/Mining/Energy : CDN. MOMO PUPPIES -- Ignore unavailable to you. Want to Upgrade?


To: Lola who wrote (13817)11/8/1999 2:07:00 PM
From: Kevin Hamlin  Read Replies (1) | Respond to of 36688
 
In BET-V at $1.15-$1.17 $1.20 is the established resistance point, but a nice ascending triangle forming on the intraday, and looks to be followed by another smaller one inside the bigger triangle.....all pushing up against the established resistance $1.20 level. You can see the stock tightening up right now. This is the second pullback, which looks to be going only to the $1.15 level. The first one pulled back to $1.13. It will be interesting to see if this time $1.20 breaks and holds, or needs one more minor pullback first. If/when it does break and hold, the stock should move up again nicely. If it doesn't....well...you know! It's a calculated risk at this point. I'm trying to play the pullbacks and looking for the tightening and then hopefully breakout. Others will stopbuy once the breakout is established. Lots of ways to have fun here!

Regards,

Kevin