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Gold/Mining/Energy : Winspear Resources -- Ignore unavailable to you. Want to Upgrade?

To: Andrew who wrote (19438)5/21/1999 3:47:00 PM
From: Charles Kalb  Read Replies (2) | Respond to of 26850
 
Any TA gurus out there good at reading triangle formations? I just plotted two trendlines for Winspear, one at the highs starting at the 4.85 Jan. 4 high and the other at the lows starting at the 2.56 Feb. 4 low. These two trendlines form a symmetrical triangle whose apex is at about June 6 or so depending on slight subjectivity in placement of the second point on each trendline. Symmetrical triangles have generally decreasing highs and increasing lows and can produce dramatic breakouts. Today's action at 3.90 level looks to me like it may be breaking through the upper trendline. There were good Stochastic and CCI buy signals the past two days.

Charles



To: Andrew who wrote (19438)5/21/1999 4:03:00 PM
From: wayne cath  Read Replies (3) | Respond to of 26850
 
Todays run had to be the result of chucks' rumour......the black helicopter didn't fly ....a little too creative ,perhaps...........but increased security at the plant...........that can conjure up lots in ones' imagination .....


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