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Gold/Mining/Energy : Golden Eagle Int. (MYNG) -- Ignore unavailable to you. Want to Upgrade?


To: Grant Movold who wrote (1242)3/20/1998 10:49:00 AM
From: Mike McFarland  Respond to of 34075
 
I don't know any technical analysis of
the charts, and I'm not sure I even
beleive in chartists, but for what it
is worth, the chart does seem to suggest
that the price gravitates toward the
fractional prices instead of decimal:
Maybe we will see it stay around 1/8th
(.125) for awhile. I hope to see it shoot for
3/16 (.1875) which is resistance...and
finally a stop loss set at 3/32 (.09375) might
be a good idea, around there it would be back
below the moving average displayed on that
chart.