LAKE SHORE GOLD CORP 6.25 PCT DEBS T.LSG.DB

#1 this morning...and resistance broken

[razzss]

let's see what today brings...


Three stocks broke resistance (Industrial Alliance, Lake Shore Gold and Quebecor) and one stock broke support (Shawcor). The Up/Down ratio improved from 0.95 to (81/84=) 0.96.

Interesting Charts

Gold was the highlight yesterday. Seasonal influences are positive in the month of May. Gold broke above its previous all time high at $1,226.40. Long term technical target on gold has been $1,300 U.S. per ounce. A second technical target based on the breakout yesterday above a six month trading range is $1,440 U.S. per ounce.

Most Queried Canadian Symbols

T.LSG

3.45

0.26

V.AFA

0.205

-0.015

V.FTE

0.02

-0.005

T.WTN

5.41

-0.25

T.FVI

2.47

0.31