OTCQB:UEXCF - Post by User
Comment by
daniel52on Aug 12, 2007 5:31am
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Post# 13233764
RE: NEGATIVE CHART FOR ALL URANIUM STOCKS
RE: NEGATIVE CHART FOR ALL URANIUM STOCKSInteresting. I would note that in juggling statistics you get some unexpected results. For example, if you follow the directions you provided the price objective moves up into the $4 range for the first step, but in the last step you mention ('5' 'box size') the "Bearish Price Obj." is $1.51.
It also looks like if we break much below where we are now the next stop is in $4's then the 3's. In fact using Dines charts with the uptrend lines provided in the last TDL, it is visually obvious we are in for some further moves down as key uptrend lines have been penatrated convincingly in most of the uraniums he follows.
Very interesting perspectives.