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McBeanburger

10/07/13 5:39 PM

#161 RE: bigone #160

if you go to stockhouse i posed a chart there. one could say anywhere under the blue support line which is now resistance.

however I would put my bids at 7 and 7.5. or wait for the break of 8.5.

depends how long you want to hold. if my chart view is correct then there is a cup and handle in play - a break of 8.5 (or maybe 8) would validate the formation and should rise quickly to new yearly highs. meanwhile it can hold under 8 for some time and maybe never break.

at least the above is what i'm telling the people i know.

richard smith

10/08/13 11:58 AM

#165 RE: bigone #160

2 cents. And that's being nice! Whiskey time.