Old API Wind-down Ltd - Ordinary Shares ARLZQ

ARZ.T preparing for a move?

[lakeshorelover]

On the 13th of Nov I bought some Aurizon Mines (ARZ.TO) at $5.01.

I did so because it showed well - it had abnormal volume and great scores. All the indicators were bullish.

Onthe chart I saw it had been bumping against a $5 resistance line, andthe lows were rising nicely and forming a nice triangle (check the 3 month chart).

In the past few months had gone as high as $5.50 - I had that as a target.

Ichickened out and dumped it around $5.20, but bought it back a littlehigher later - another rule - don't tinker intraday if you are anewbie!!!

It is hooking down right now, but the company is sound- they are actually producing and selling gold in Quebec at a tidyprofit - and they have always come back in value.

They appear to be more or less tracking the other gold mines.

Opinions?