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Message: Checking the chart and seeing another pennant, contractions coming quicker....

This one I get from using 15 minute intervals, so instead of each candlestick representing a day, it represents 15 minutes of trading.  The rising support line starts at the open on Wednesday May 8th and the falling resistance line starts around 13:30 that same day.  The two points meet forming a flag and there's not much room left, being a 15 minute chart its pointing to a decent sized move up or down very early in Monday's trading...

If there is a big move coming here's hoping its up....and based on the broader trend and my opinion that support will be climbing to the $5 CDN area by Thurs/Fri....I'm obvioulsy leaning heavily toward up as my take.

I love analogies and metaphor......the latest one that's been rattling around in my brain for a while is that of childbirth.  I feel like an expectant father, waiting on the birth of the BETonMACE trial.....and hoping for happy and healthy, 10 fingers 10 toes.

In child birth contractions start and then get closer and closer together....we've got something like 2 or more months to wait....but this 208 baby has been gestating a lot longer than 40 weeks.  So it seems to me that we're in the labour stage at any rate.....

Just some random thoughts on a Saturday night....

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