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Gold/Mining/Energy : Strictly: Drilling and oil-field services -- Ignore unavailable to you. Want to Upgrade?


To: Broken_Clock who wrote (16869)3/27/1998 1:13:00 PM
From: SJS  Read Replies (2) | Respond to of 95453
 
So how much more is in it if it's moved 50% from 2 weeks ago? Won't it digest this gain and move back, then move up again? Why is buying here a prudent, or non-prudent thing to do?

Inquiring minds want to know (and yes, this is truly driller stuff!!).

Steve



To: Broken_Clock who wrote (16869)3/27/1998 9:47:00 PM
From: NucTrader  Read Replies (1) | Respond to of 95453
 
>>>>classic cup and handle pattern<<<<
It's all in the eye of beholder, PK. This looks like an awful shallow cup to me [I don't claim to be proficient at TA, and will follow it to see if you're right]. TA is a little like Nuclear Medicine, I'm finding. Technical, but sometimes you just need a good imagination....