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Gold/Mining/Energy : Raytec Capital (RCC.V) -- Ignore unavailable to you. Want to Upgrade?


To: Mr. Oil who wrote (322)5/5/1999 11:45:00 AM
From: Wiselight  Respond to of 457
 
I don't know what you mean really. I am under the impression there will be news imminently concerning the launch of another product application. Management is expecting orders for Shrinkguard in the near future and there is just too many other developments for me to enumerate here. I got to get some work done!



To: Mr. Oil who wrote (322)5/5/1999 2:58:00 PM
From: Wiselight  Read Replies (1) | Respond to of 457
 
The market looking weak but unfortunately it is shaking very little stock out. RCC closed on an uptick several days in a row and now is taking a breather which should be helping buyers sitting on the sidelines trying to pick up cheap stock but it ain't really since none is unleashed.



To: Mr. Oil who wrote (322)5/21/1999 11:23:00 AM
From: 1st.mate  Read Replies (1) | Respond to of 457
 
I have been taking a course on TA and we have been using RCC chart for discussion groups....The chart is now showing a very typical head and shoulders pattern....This is not good for the long position and could meen that we are in for a typical quick dip...This happens about 90% of the time in a head & shoulders pattern....

There is the other 10%....We are now forming the right shoulder of the pattern and this is typically done on low volume....If the right shoulder breakes the neck line(1.50) the stock will fall to the (1.05) range.....

Now that 10%, If volume picks up and the left sholder is passed this is the most bulish sign and the stock will head to the $3 area...but we are in a dangerious pattern....Comments!!!Matey