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Message: Re: nice advancement this week...

I'm afraid my technical analysis isn't very technical! There does seem to be price levels that become support levels when the SP is higher and coming down, that then become resistance levels that are tough to break through on the way back up. Drawing a line from old highs and lows give you something of a channel, and if you go back to the high in early Oct and draw a line to the high in early Jan, you come to about 3.40 which it broke above last wk. The start of the rally began when it broke through the channel made lining the highs/rallys made in early Jan and Early Feb. Jr. resourse stocks tend to be tough to figure out, compared to stocks like Tim Hortons, which look like they are made by bored people with geometry sets sometimes!

Lets hope this bull runs!

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