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Strategies & Market Trends : Technical analysis for shorts & longs -- Ignore unavailable to you. Want to Upgrade?


To: Johnny Canuck who wrote (15683)4/27/1998 8:38:00 AM
From: Francois H. Gaston  Respond to of 68284
 
T.A. for RANGY... RANGY is a gold mine stock that has not yet participated in the recent gold rally (best mutual funds this year are among gold funds). Details regarding what RANGY is can be found at gold-eagle.com and there you go to EDITORIALS... then to RANGOLD...
In anycase here is a link to a graph showing members.aol.com
(a) great accumulation
(b) great increase in volume
(c) favorable stochastic oscillator
(d) rising Relative Strength Index
(e) supertight Bollinger Bands (I love that one! one of my favorite because this suggests an imminent breakout (up or down, probably up ....whithin 5 trading days... if not today...)
(f) in a stock that has not yet participated in a sector (gold) that has turned "bullishoid"
(g) and for an underrecognized stock that has a Market Cap of $60 Million and Current Asset Valuation of over 200 million$
This is not a suggestion to buy. Read about gold investing and about Rangold before jumping heavy into gold stocks. Obviously I am bullish on this one... can you tell?
Good luck to all
Gaston