MINE Weekly Chart......... For Those Wanting a Lon
Post# of 2559
MINE Weekly Chart......... For Those Wanting a Longer Term View of Things
I always take a look at the longer term and larger picture of a stock that I'm following. The shorter term chart was a good call so far. In looking at this chart, please note that the FullSto just crossed to the buy side this week. Also, take a look at the previous two crossing of Jan and Sept 2012, both of which resulted in very strong moves to the upside. I believe the stock will move over the declining tops line this week and possibly test the .004 level, the first of a few horizontal high resistance points. Looking a bit further up, IF .008 is taken out over the next few weeks, I would then begin to look at the .027-.05 range (blue lines) as a very possible target. Should the company beginning releasing fundamental executions of what they've been working on, I think a move to at least these levels will be seen. As was seen on the daily chart with the bottoms around .001, those lows were definitely the area to accumulate all one could. GLTA