Current Trade

Sunday, December 5, 2010

Charting the previous post EDV.TO's peers Buy BRD.TO 1.65 to 1.80

Shows some good charting prospects the best of which are SSP (uptrend)

........and BRD (looks like a breakout possible @ 1.80  for a prliminary glimpse with a buy at 1.65 to be an oversold area of lower risk. This one is touching the top of the real time charting bollinger (remember this real time chart is very sensitive to upper bollinger touches... If it had popped the upper bollinger, it would be a very reliable topping signal)... it will take level II to see if the upper bollinger touch will backfill one more time for a three time push.. 4th time breakout, or whether it makes it's move Monday by hovering the bollinger with a gap up ............... I'm on this one Monday morning as a hot watch. Lets's hope for the usual bad open Monday or Tuesday.. 178 million shares out so lots of liquidity.... could provide a buy in the 1.70ish  area...
Insider buying most in the 1.20 (Director and CEO) area, with some in the 1.80 (CEO) area... no selling... for a net of $418,000 as of 6 hours ago SEDI... a breakout could run for .20 to 60 cents into the January effect. Hindsight is the best crystal ball.

GLTA Lostoutwest

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