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Gold/Mining/Energy : Corner Bay Silver (BAY.T) -- Ignore unavailable to you. Want to Upgrade?


To: Claude Cormier who wrote (1334)9/23/2000 7:42:29 PM
From: Nick Morvay  Respond to of 4409
 
Yes, the chart is looking better. From a technical view I still need confirmation from the price chart. Although we have higher highs the last 2 days, we don't have higher lows, so the support is still being tested but seems to be holding. Closing above the 20 and 200 day MA is a good indication of a short tern trend reversal to the upside. MACD, STO, RSI, OBV are all on the rise fortifying the development of a bounce (need higher lows to complete the bounce) on the support line.

Unfortunately, the market depth shows a lot more sellers still then buyers and this will need to change before we can move much higher.

Market Depth for T : BAY
Depth by Price for T : BAY as of 2000-09-22 16:07:27

Bid Ask
#Ord #Sh Price Price #Sh #Ord
1 1,000 2.55 2.69 1,000 1
1 2,000 2.50 2.70 10,000 4
1 300 2.45 2.80 700 1
1 2,000 2.40 2.90 14,500 2
2.91 10,000 1

PHPI from 2.45 in LT account.



To: Claude Cormier who wrote (1334)9/24/2000 3:49:31 AM
From: TheBusDriver  Read Replies (1) | Respond to of 4409
 
<<With news comng out in a week or two, we may be setting up the stage for a move to new high. >>

That is what I am wondering. Look at the chart in May and June that is exactly what happened. BUT BAY has not proved it has very stong legs in the recent past.....

wayne