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Bullboard - Stock Discussion Forum Cline Mining Corporation T.CMK

TSX:CMK - Post Discussion

Cline Mining Corporation > Cline Mining (TSX:CMK) Annotated Stock Chart Video
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Post by sigs on Jun 29, 2011 11:21am

Cline Mining (TSX:CMK) Annotated Stock Chart Video

The following video breaks things down for the most part, something to note though, Tues they did take the stock to a double bottom, and tested the lows by what 4 pennies, closing above the previous low on the 10th of June. Remember it is the closing price that counts. Often a stock will test a low by a few pennies to take out stops, smart people knew better this time and we didn't see a mass triggering. We still have a long road to climb so keep the pressure on. Someone mentioned Fib retracement, a down trend such as this I would take it from the pivot high to the pivot low on the daily chart, this should also going to coincide aprox with your moving averages and the upper channel. Wasn't quite following the other posters post...
https://www.youtube.com/watch?v=NKb0Li3rMdc&feature=channel_video_title
Comment by Tinyhopes on Jun 29, 2011 1:04pm
SIGS THANKS FOR POSTING THE VIDEO THAT SAYS A LOT. KEEP UP THE GOOD POSTINGS. I AVERAGED DOW AT THE OPENING, LETS HOPE WE ARE ON THE WAY BACK UP TO $5.00 AGAIN. THANKS TO ALL THE POSTERS. WE KNOW WHAT THE MINE HOLDS AND WILL PRODUCE IN THE NEAR FUTURE ONCE THE SALES ARE CONFIRMED AND THE RAIL IS IN PLACE.tinthopes  
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