finally on the move?, page-8

  1. 1,331 Posts.
    re: finally on the move?- stockmaster! Mike

    I've been using the daily candle chart on this one and March 16 was close but not a true star bottom reversal pattern so I left it (+ previous comments/feelings on property stocks). The confirmation though came on Friday with a nice gap up. Perhaps it can continue it's rally back to $1.97 resistence in the short term on increasing volume. Looks that way.

    P.s. There was a similar rally in jan 2004 on lesser volume that reached $1.90.
 
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