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 : Daytrading Canadian stocks in Realtime -- Ignore unavailable to you. Want to Upgrade?

To: AriKirA who wrote (9059)	4/26/1999 12:09:00 PM
From: keith massey	Read Replies (3) \| Respond to of 62348

Hey Ari Just my take...and you know how often I am wrong I am looking at the 5 day chart and see lower lows and lower peaks. GLE gapped down today. Stocks always try and fill the gap and the gap is always a very strong resistance point. If this gap is not filled in the first 1/2-1 hour of trading than I start to worry that something unseen is keeping the stock down. This latest rally was on falling volume and there is a big resistance point at $9.40. The rally looks like a wedge/pennant seen during a drop. In my opinion I don't think this stock is going over $9.50 today unless the big boys move it in the last hour of trading and I wouldn't be surprised if GLE dropped back to the $9-8.50 again. I am not playing GLE right now but thought I would take a close look. Best Regards KEITH