perhaps my subsequent posts relating to other matters have...

perhaps my subsequent posts relating to other matters have stirred up such reaction that the charting conversation sems to have been relogated.

the share price is is now in its third day below the bottom trend line with each day's low being lower than the previous day. volume with this new trend is also strong

to refresh the conversation, i will tranpose the comments from previous posters
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keygeo -
the upward trend has now been broken, with big falls over the last 2 days accompanied with very strong volume.
a correction appears to now be taking place after 2-3 months of huge gains.

this, coinciding with greece's problems being temporilly resolved, no printing in the us for a while,incease in value of the $US, plus concerns of possible further delays with all the rain nsw. has had.
it takes forever for the ground to dry out before a vehicle can operate on it.

all the gold stocks have also dropped quite a bit over the last 2 days so its precious metals generally.
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our lady -
Not too sure of your point here keygeo but the chart action of the last week reflects all of those fundamental aspects.

The great thing about charts is that they reflect underlying concerns more often before the fundamental reasons come to the surface.

To accurately keep track of all the fundamentals, world economics as well take a great deal of research. The chart speaks clearly at a glance.

Yesterdays action only just broke through the bottom of the up channel. A close below yesterdays will confirm that, and a close above that, will tell the overall uptrend is intact.
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jetson 5-
Chart action for the HUI suggests we are in wave 4 down with a target of 480, to be followed in the next few weeks weeks by the final wave 5 up.

This wave 5 set up is extremely bullish as wave 5's in the HUI tend to be spectacular and often parabolic rises.

Add to this the fact that over the same period we are looking at commissioning of the plant and first production soon after, then CCU is geared up for a massive move upwards during April May.

from Mchughs Technical report...
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rizzla -
ep looks like a long way down here. love the company long term but glad i'm out right at the minute!
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champ -
Yep it's a long way down...

(Roll's eye's) :)

Seriously though, I think we can look forward to a nice bounce soon.

Funny how quickly the price of silver rises when there is a whiff of QE in the wind.
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i would be really be interested to know if all the chartests' all all now out ??

GK.