Agoracom: Small Cap Investment - Noront Resources - Re: Canseco - Have you talked to source/Noront + Yangzhh

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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yangzhh

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Re: Canseco - Have you talked to source/Noront + Yangzhh - Technical Analysis

in response to

Canseco - Have you talked to source/Noront + Yangzhh - Technical Analysis

oskee

posted on Nov 21, 2007 07:49PM

Oskee, I believe you already knew what would happen when NOT at $3.92. This morning when it first hit $4, RSI (intraday) went below 20. That's insane. We then saw a lower price, $3.99, ..., till $3.92. BUT RSI refused to go lower everytime it back down. That's the signal to go up. So in my opinion today's action still a technical up day. We have to confirm tomorrow. If we could close above $4.60 today, it would be a strong buy signal.