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Cline Mining Corporation T.CMK



TSX:CMK - Post by User

Bullboard Posts
Comment by zetaon Jul 24, 2008 10:07pm
427 Views
Post# 15327876

RE: TA AND CHART FOR FRIDAY

RE: TA AND CHART FOR FRIDAYHi Aces -- yes, point well made . I also said that the best we could hope for would be a rally to the 20 ema -- which is sitting at 1.35 -- when I was asked to comment yesterday, I had to read yesterday's candles - I am not a witch doctor - I go with what I see -- the stock was in a death dive -- and sure, it could reverse anytime, which it did, but, I did not have the advantage of today's chart -- so, made my comment based on the chart from yesterday. I have not changed my mind about CMK -- it is making a rally and might even get to that 1.35 range - but this is just a rally in a bear trend, so -- smart traders will certainly be getting out anywhere over 1.30 -- in regard to .20 -- I did not say CMK was going to .20 -- I said  the next support is at .40 and if it cracks this support -- it could see .20 -- which it could. Anyway Aces -- I hope you make the right decision on CMK -- I know what I would be doing. Good luck. Zeta
Bullboard Posts