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Gold/Mining/Energy : Nuvo Research Inc -- Ignore unavailable to you. Want to Upgrade?


To: Joe Krupa who wrote (8203)12/10/2001 1:16:10 AM
From: Cal Gary  Read Replies (1) | Respond to of 14101
 
Hi Joe,

Talking DMX TA Chart formations is suicidal on SI. <gggg> I still remember the infamous May 31 and the major reverse H&S. Then the broken right arm.

All I see is a formation called the "Psycho II hatchet job" since the $6.00 point. Slaughter, chop chop byt the three bandits. Expensive secondary financing through Acqua!! <ggggg>

Seriously:
Yes, I see the neck line for the reverse H&S at about 5.05 and if it pans out, a break above the neck line should target 6.75 in the near term.

Love the accum/distribution line and MACD. Major divergence on the MACD starting early October.
CCI and money flow is positive too. OBV has surpassed its 30day MA, so another positve confirming the latest move through volume.

The latest Acqua Nov/Dec hedging/distribution or possible options conversion is being absorbed with ease!!

Also positive, the average daily volume is at a new higher level. Sorry this is gut feel, I haven't had time to work out the numbers yet. Alway good to get liquidity in a stock.

Maxxed out! Where's the calvary? Hopefully, the funds are watching from the hills.