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Gold/Mining/Energy : Global Platinum & Gold (GPGI) -- Ignore unavailable to you. Want to Upgrade?


To: JACK R. SMITH JR. who wrote (5403)3/23/1998 9:35:00 PM
From: JACK R. SMITH JR.  Respond to of 14226
 
Zeev,

I am here looking at the chart for GPGI. Since you are a recent investor, and I never saw you before in my life, I would like to give you my summation of the technical situation. I am certain that you need my help and support. (Pretty big grin)

Here it is.

We have moved into a very small channel here with little participation from investors. No large, and few small. We have a little channel within a larger channel. Both agree. Minor resistance is at $1.20 and Major resistance is at $1.65. Minor support is at $1.10 and Major support is at $1.00. Considering the trend and the situation, I would predict a near breakout above $1.20 and perhaps puncture of the upper resistance or complete failure of the $1.00 support.

My sense is an upside breakout here, but that is only my opinion!!

Opinionated, Jack!!

P.S, I would not have all my eggs in the S&P here!!!