Agave Silver Corp. CRMXF

RE: RE: RE: CMA Technicals Looking Good

[bigguy6]

Up until May 10...yes...technicals were poor...AND if you had followed them and sold when they turned negative...depending on your buy in price....you would likelt mad a nice return and been able to buy back in sev wks later at a much lower price. 

However....guesiing since you don't believe in TA for junior plays....you didn't.  As i stated in earlier post....as of May 10....we've seen a very tight cluster of 6 positive technical events versus 1 negative event with CMA!  If you have access to various good technical sites...suggest you check it out for yourself....and you'll see what i mean....as i'm not pulling this out of thein air.    And yes....junior plays can be all over the map...and news will alway trump any technical analysis.  I'm by no means a TA expert...but  ...in combination with several other factors ...i have learned to to have a healthy respect for TA...especially when entering or exiting a play....and....find it's more often a very usefull...and profital tool! 

The combination of encouraging TA ....my expectation that silver will likely settle around this level for awhile...then resume it's climb....CMA prospects and anticipated positive drill results etc.... combine to make me very comfortable holding CMA for what i anticipate will be much bigger and better things to come!

Happy investing and GLTA longs!

PS.  Lots of very good TA sites out there....but for anyone with access to say TD or Scotia itrade ...find both have pretty good straight forward TA sites.