Saturday, June 21, 2008

CDE - Coeur D'Alene

CDE has traced out a long consolidation range between $7.50 and $3.00 over the past few years - after a big move up... Looks to have broken through the bottom of the range as identified by the Circle on the chart under the Green Support Line... this is either really bad news to Longs or it could represent a false breakdown and the beginning of a new move higher only time will tell....

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