GREY:CMHXF - Post by User
Post by
heainttellinon Dec 05, 2003 1:44pm
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Post# 6745819
Break of 2-year trend line
Break of 2-year trend lineThe uptrend began in march/april of 02 and the upper line of the channel has 4 contact points, making it pretty valid. The price today has gone through that upper channel for the first time in nearly 2 years. Nice thing is that when it closes above that line, as it probably will today, it will be a line of resistance, offering support at these new high levels.
IMHO of course. But looking very pretty.