the Beaner!Technical analysis never lies but promote and pumpers do...
Stockcharts has initiated a buy signal as of the close yesterday.
I use technical to screen the multitude of stocks available to the investor at the touch of my keyboard. I then use the old adage of fundamental analysis to view what the company is into regardless whether the company is a mining concern or a high tech company that does process experimentation.
ReM has two things going for it; technical analysis is favorable with downside risk to 9-8.5 cents and upside potential to 17-20 cents. So the downside risk verses upside potentialis inbalance and favors upside target. The fundamental side is the company's Snow Lake property, knowing about the region and the muskeg the only real time of year to hit the area is in the winter when the bog areas are frozen over..
This one will make an exciting winter program play
Target 17-20 and if results are good +30
On Target everytime with a Bullseye!