TSX:SUE.WT - Post by User
Comment by
play_n_layon Jun 29, 2011 8:22pm
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Post# 18782282
RE: Peru Politics; Bear creek 2000 KM to South Eas
RE: Peru Politics; Bear creek 2000 KM to South EasThanks for the very informative post. Institutions definitely took advantage of the scare to knock the SP down for accumulation. And techincal chart purposes. It now looks like we have a double bottom in at 1.60...and a nice W shape breakout pattern forming if that bottom holds. That bottom was defended nicely with some big block orders today.
https://thepatternsite.com/bigw.html
https://stockcharts.com/h-sc/ui?s=sue.to
Take a look at what happend to AVR when this pattern occured...same thing happend to them last year in their run from .45 to 2$'s.
https://stockcharts.com/h-sc/ui?s=avr.to
My only regret is buying 1/2 my shares to early at 1.97 :)
GLTA