Agoracom: Small Cap Investment - Noront Resources - Technical Indicators

HIGH-GRADE NI-CU-PT-PD-ZN-CR-AU-V-TI DISCOVERIES IN THE "RING OF FIRE"

NI 43-101 Update (September 2012): 11.1 Mt @ 1.68% Ni, 0.87% Cu, 0.89 gpt Pt and 3.09 gpt Pd and 0.18 gpt Au (Proven & Probable Reserves) / 8.9 Mt @ 1.10% Ni, 1.14% Cu, 1.16 gpt Pt and 3.49 gpt Pd and 0.30 gpt Au (Inferred Resource)

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SnugTheJoiner

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Technical Indicators - February 8, 2008

posted on Feb 08, 2008 02:30PM

At the end of this trading day, I had a look at four technical indicators (Bollinger, OBV, RSI, and MACD) for Spider Resources (SPQ). I uploaded a GIF file capture into the photo section of the SPQ.

I then had a look at NOT, and thought I had made a mistake. The graphs are extremely similar (NOT's share price considerably higher, of course).

To check if any other McFaulds' juniors had similar graphs, I had a look at Fancamp (FNC). I also uploaded this GIF.

BTW, BMK is very similar although with a weaker RSI and MACD - but still very positive.