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  #61  
Old 03-14-2012, 02:21 PM
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Numisgold Numisgold is offline
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Now retesting the neckline of the 2009-2010 IH&S (3.0 to 3.5). It's also broken the downtrend line of the past year which opens up the $2's if the shorts want to send it there.

Last edited by Numisgold : 03-14-2012 at 09:06 PM.
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  #62  
Old 03-14-2012, 02:25 PM
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Quote:
Originally Posted by chartsrgood View Post
fwiw

kgc is on radar screen for a buy
kgc hit the lower trend line today. looks like a buy to me.
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  #63  
Old 03-14-2012, 02:26 PM
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Quote:
Originally Posted by Numisgold View Post
Now retesting the neckline of the 2009-2010 IH&S (3.0 to 3.5). It's also broken the dowtrend line of the past year which opens up the $2's if the shorts want to send it there.
you thought it might go down here....

I think it is buy fwiw same with kgc

Last edited by chartsrgood : 03-14-2012 at 02:29 PM.
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  #64  
Old 03-14-2012, 09:21 PM
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Originally Posted by chartsrgood View Post
kgc hit the lower trend line today. looks like a buy to me.
The finviz.com trendline/channel on KGC shows the potential to drop into the 8's. And looking back on those long wicked monthly candles in 2008 and 2009 suggests that a retest of those 6-8 lows is not out of the question. No amount that miners drop these days suprises me. However, KGC does seem dirt cheap at under $10. Turning the corner on the Red Back fallout could take some time. And hearing that Nevsun has a class action lawsuit pending is not good either.
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  #65  
Old 03-15-2012, 12:09 AM
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Quote:
Originally Posted by Numisgold View Post
The finviz.com trendline/channel on KGC shows the potential to drop into the 8's. And looking back on those long wicked monthly candles in 2008 and 2009 suggests that a retest of those 6-8 lows is not out of the question. No amount that miners drop these days suprises me. However, KGC does seem dirt cheap at under $10. Turning the corner on the Red Back fallout could take some time. And hearing that Nevsun has a class action lawsuit pending is not good either.
I like finviz. I have found more than several good trades on there..
their trendlines I have found lacking in a fair amount of cases, but it is an excellent free site in my opinion

the hui is close to a bottom as well imo fwiw
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  #66  
Old 03-15-2012, 05:27 PM
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I was certainly wrong on nsu fwiw.
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  #67  
Old 03-15-2012, 07:02 PM
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NSU is within about 10 cents of the 61.8 Fib retracement from the major low.
thought it would have more of a rally off the 50% Fib. Did not do it. They knew I was in the stock and were out to get me, lol.
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  #68  
Old 03-17-2012, 03:59 PM
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The probability is extremely high NSU will at bare Minimum go higher than 3.46.
NSU has had a textbook, Simple and Clear as a bell, 5 waves up off the low on the hourly chart in Elliott terms.
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  #69  
Old 03-19-2012, 01:52 AM
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2 blocks came across after the close Friday totaling about 2.5M shares. just saw it now.

the backtest of this neckline Could be quite bullish imo
what am I missing?
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  #70  
Old 03-19-2012, 03:54 PM
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nsu announced today they are buying back up to 4 million shares between March 26 and September 26. They have a total of 200M shares.

Last edited by chartsrgood : 03-19-2012 at 03:56 PM.
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