GREY:OLEPF - Post by User
Post by
upmarketson Dec 23, 2005 4:01pm
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Post# 10067798
trading action and chart
trading action and chartRe - little blocks traded around.( and Pension/QTrade selling)
This is just to maintain activity and liquidity and shake out loose shares.
And trading small chunks to position stock in various accounts for the
bigger volume trading to come.
What say that next week it switches that Pension & Bolder are buying
from Canaccord.& TD (And Haywood gets active )
I note that the chart is forming a tightening flat topped triangle at 0.98.
( or do you call that a wedge?)
( note to TheDave -- NOT the same thing as a wedgie)
ie Strong indications are it will pop out of the 98 cent line on Dec 28, 29, 30
So I soon expect a trading pop to 1.12 with a close around 1.08 by Dec 30
IF not Dec 30th it will be January opening day
Chet has been happy to gather stock and be under the radar during Dec .
Yet I expect Chet wants the stock over a dollar by Dec 30 th
To show a low of (and attention of ) being over 1.00 to start 2006
Quite a few jr stocks making moves up Thursday and Friday as tax loss selling ends Friday.
Season's Greetings to all
Regards U