DOW over 13,000 it's been banging its head against that level...

  1. 22,120 Posts.
    lightbulb Created with Sketch. 20
    DOW over 13,000 it's been banging its head against that level for sometime

    CSD good technical article
    http://www.thesquirrelist.com/chart-of-the-day/consolidated-tin-mines-csd-28feb12/
    Hints at a possible huge spike like 2010 I think that's the one Treasure was talking about

    "A rally like 2010?
    This amounted to more basing action which is the best result after a stock has suffered a severe downtrend. Note the last time Consolidated Tin Mines bottomed was in 2010 when the price range became very narrow creating a long flat base. That action under 5c was followed by a rally to 30c. The latest price action is similar to the 2010 lows, only on a larger scale."
 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.