TYHEE GOLD CORP

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Message: Re: Calling all technicians

Dec 01, 2009 03:11PM

Dec 01, 2009 05:30PM

Juniors trade differently than most other stocks. They are not as liquid, so when the shorts clear out of dodge, they have to really pay up to leave. They also can mimic each other. Right now, Tyhee is following the same path as Kimber, but lagging about a week. If you go to the Kimber board, you can read my technical analysis I did there, called Three White Soldiers. This is very bullish. The moving averages and indicators are all positive, volume strong, candlesticks not throwing off hesitating patterns. Look for the key resistance levels.

Right now in Tyhee we have two white soldiers on one of the longer term charts. One more week of bullish action and we will have our third soldier. Going by memory in this stock, I think there was some minor resistance at 26 cents, stronger resistance at 33, and much stronger resistance at 38 cents. Once we clear 38, some at 45-46, and then we run like wind, provided we build enough of a base while gold heads higher and other juniors confirm.


Dec 01, 2009 07:36PM
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