Welcome To The Inspiration Mining HUB On AGORACOM

The company is exploring for nickel deposits on its Langmuir property near Timmins, Ontario; for nickel-gold-copper on its Cleaver and Douglas properties; and for molybdenum and rare earth elements at recently acquired Desrosiers property.

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Message: ISM TA and opinion

ISM TA and opinion

posted on Apr 05, 2008 08:35AM

I think we are out of and away from the rut we were in for the last 2-3 months.

Indicators are now higher than they were typically sitting then. It looks more like the levels may work like they did in the beginning of the year.

IMHO The trend is your friend. Look at MACD its still quite shy. Full Stoch is where it has been when toppy but it could prove to still move sideways as the RSI and MACD play catchup. Look at where these indicators ran when we saw our year high last April May?

Of course this is simply my opinion but I don't think I would be selling just yet. Somethings driving this breakout and accumulation and its not the balance of the short overhang either. Too much volume.

 http://stockcharts.com/c-sc/sc?s=ISM.TO&p=D&yr=1&mn=0&dy=0&i=p94401739645&r=7977

 

 

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