Moneyman76's Profile
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Greetings all!!
Long time investor, not much of a poster. Been in this one since March 07 and have been adding ever since. Happy to Say I have 85k shares in my TFSA!!! gotta love when you can turn a negative into a positive! Anyways.....
I can't help but look at the technicals of the charts which is supported strongly by the underlying story.
From mid-end Oct to Dec 31st 2010, charts looks identical to the Jan1st to April 7th 2011 chart. Very similar if not identical but haven't confirmed the volumes associated with it. All told, if the patern remians, this stock should breath for a couple of days then break out again exactly like it did arounf the 23rd of December. It moved after X-Mas from 22 cents to over 40. now the same pattern ahs emerged which indicatet the SP to about 75 to 80 cents
Now by no means do I know much about technicals investing but they do tend to have some indication on the future SP of a stock. Technicals aside, I love the fundamentals of this stock and I am exited about what the technicals are showing.
Any tech geeks out there? Like to hear your thoughts.
Cheers!!
GLTA!!!