Agoracom: Small Cap Investment - Noront Resources

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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chrism

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Intraday strength

posted on Jun 05, 2008 07:41AM

Looking at a 10 day, 15min interval intraday chart it appears RSI has found another support within last 30 min, slow stochastic offering a confirmation, and MacD divergence is decreasing with a crossover extremely likely today which is the signal I believe will bring more volume into NOT to test $4 and also ideally test our MA20day (currently $4.30).

There was an intraday crossover of the MacD at ~$3.90 which is I believe why reduced buying volume led to a correction to $3.70.

Critical Support at ~$3.25 and ~$2.30, resistance $4.00 to $4.25.

IMO only, Cheers and GL

6 Recommendations

Re: Intraday strength

chrism

Jun 05, 2008 11:10AM

Re: Intraday strength

Polylabel

Jun 05, 2008 11:15AM

Re: Intraday strength

chrism