Quest Rare Earth Minerals - Was Quest Unranium Corporation - FWR Spinn off

Uranium and Rare Earth Elements Exploration in Canada

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Message: Re: What is TA saying Goldstar?

Sep 08, 2010 08:17AM

HI guys...

Once a new 52 week high is in place the TA gets a touch fuzzy.

What I do see is the old 52 week acting as support going forward, but the 4.26 are 'wicks' on the candle, so I am more inclined to say support is 4.16 (the base)

Chart is a thing of beauty, higher highs, higher lows...stairway

I would be a buyer here, averaging up if you are in a profit position (undoubtedly) or simply let your shares ride. If we see another test of 4.50 then $5 with the feasibility report is not out of the question, given we hold 4.16-4.26 level.

Good luck...we knew this day would come.

GS40

PS:

The heavy asks in place lean towards either the run is too high in comparison to the report due - or scare tactic. Watch for the asks being taken out as your signal, upward pressure wins. Not these large blocks in place to make folks sell cheaper...interesting trading this am.

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