Timmins & Beardmore - Northern Ontario

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Message: Action this week ...

Action this week ...

posted on Jan 02, 2009 07:11AM

SGX has responded nicely and all technical signs are looking up.

Today it opened at and bounced off the 100 day MA ($.096). a Close above .095 would be very bullish.

.095 reresents some significant resistance though as well as $.12 .... We will need a ton of volume to break those barriers.

Also of note, until .095 is broken (on close) the 8 month downtrend is still intact. Keep your fingers crossed


FYI, I do not consider myself a TA expert. Just picked up some knowledge along the way ... so take this for whatever value you place in it.

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