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Golden Minerals is a junior silver producer with a strong growth profile, listed on both the NYSE Amex and TSX.

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Message: Chart - last 2 major downturns ended here

Chart - last 2 major downturns ended here

posted on Oct 24, 2008 03:52PM

ECU tends to follow SSO with a bit of a lag and they put in a puke bottom today, so hopefully they do well in the days and weeks ahead for we share their fate. This chart spans nearly 3 years and ECU has returned full circle to where this story began before the major discoveries at Velardena were announced, as if it were all for not. At least we can take some comfort knowing the ascending black trendlines have provided sturdy support for one year after each previous swan dive and moreover, prices tend to double rather quickly after touching the lower trendline (purple.)


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Oct 24, 2008 06:28PM
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