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


To: IngotWeTrust who wrote (2435)12/20/2001 12:31:28 AM
From: Claude Cormier  Read Replies (1) | Respond to of 4409
 
Why not?

If you believe in TA. You can see that there was a 13 months channel between $1.25 and $1.95. The stock was stop 3 times at $1.95 except for this last time where it moved above the channel on strong volume.

Furthermor the stock is above its short term and longterm moving average and all three (stock price and MAs) are trending higher.

See that chart:

stockcharts.com

Why do you think it is no breakout? That is the classic definition of a breakout.



To: IngotWeTrust who wrote (2435)12/20/2001 1:46:11 AM
From: Elizabeth Andrews  Read Replies (1) | Respond to of 4409
 
I sold my BAY today. This move smells a bit to me.