Wednesday, February 5, 2014
Now here is an interesting junior miner chart
Take a look at this:
I know nothing whatsoever about them. With that in mind, I find it interesting that this stock is at its high from 2 years ago, instead of down 90% like a proper junior would be.
Also, I wonder what the fuck kind of target you would put on a breakout of $2.80? On a linear chart, I guess the target would be $4.60. But I thought you're supposed to do targets logarithmically, and in that case this would go to $10.
I have no clue and am not recommending this stock. It's just nice to see one junior that is looking up.