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Gold/Mining/Energy : T.ITE: iTech Capital (TSE) -- Ignore unavailable to you. Want to Upgrade?

To: AriKirA who wrote (142)3/11/1999 1:08:00 PM
From: keith massey  Read Replies (2) | Respond to of 5053
 
From a technical standpoint this is a true breakout. It has now broke through a very large resistance point on high volume. I'm not selling any until the news comes out and we see a real run. The support is filling in quickly with 50,000 bid between .75-.78. All of the bids are large chunks which makes me still think this is not retail buying. I think this play is just starting.

Edit: Looks like we ran a little to far to fast. Asks are coming in at the high .70's. From the looks of the last trade I don't think we will close above .80. However I think it is safe to say we won't be seeing the low side of .60 for a while. Just one little step at a time.

Best Regards
KEITH



To: AriKirA who wrote (142)3/11/1999 5:08:00 PM
From: Rob Davis  Read Replies (1) | Respond to of 5053
 
Yes, I should add my thanks to Keith for pointing
it out as well.

New 52 week high today, haven't seen a chart yet, but
it should look pretty impressive once today is added.

Keith, you mentioned that news about a private placement
closing should give the stock a boost. Can you explain
that comment a little bit?

Cheers,
Rob


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