TSXV:KUR.H - Post by User
Post by
lookingtogetrichon Jan 27, 2000 11:29am
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Post# 1283657
Anyone remember this?????
Anyone remember this?????The only thing that I forgot to mention on this post but did on a later one was the the cycle is about 10 business days or Jan 26
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Posted By Subject Post Time (EST) Post ID
lookingtogetrich (ID#: 72900) My guess 1/13/00 3:51:56 PM 747367
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Let me start by saying that I am long and staying long because I beleive in UBS. I also beleive that I do not have the ability to move in and out in time to profit on the dips.
Here is my projections based on what little I know about TA and by looking at the trends that UBS has been demonstrating. Personally, I think that this has a high probability of happening.
1)UBS to close today 5.25-5.5 area
2) we will witness a downward trend for a couple of days. Look for support around the $5.00 area
3) We will bottom out at $4.80 at which time we will be bouncing off the 20 day moving average
4)Bounce will take us to near $6.00
5) after a period of testing the $6.00 resistance, we will finally break through and soar up to $8.00-$9.00
6)Repeat cycle