TSXV:HEC.P - Post by User
Comment by
63on Jan 07, 2005 4:30pm
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Post# 8402787
RE: CIBC really like to buy
RE: CIBC really like to buyThere is (on daily chart) a cup from June to December , then a handle for last month. measured target = $1.8
Weekly close above 1.05 will break downtrend going on from 2001.
Close above US$1.34 (HMSL) would break neckline of reversed H&S with measured target of US$5.00.
From a technical point of view ,fo there is more buying pressure on American side.