Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Barrick Gold (ABX) -- Ignore unavailable to you. Want to Upgrade?

To: Praxis who wrote (919)	1/15/1999 9:58:00 PM
From: marcher	Read Replies (1) \| Respond to of 3558

I hope you don't mind if i make a simplistic contribution to this thread. Just looked at candlesticks for ABX and $XAU. ABX is 2/3rds of way through a bullish "three outside up" formation, needing a tuesday open at 20 1/4 and close above 20 1/2 to complete this. The XAU is 3/5ths of way through a bullish "rising 3 methods" formation, needing a tuesday open at about 68.75 and close at about 68.20 (day 4), and wednesday open at about 68.20 and close at above 69.30 (day 5) for completion. Completion of a formation is highly likely to be followed by a breakout. Both formations are considered to be very reliable bullish indicators. btwdik --marc