JNR Resources Inc.

by JDH on November 25, 2006

Recommendation: Hold

The obvious buy point on JNR Resources Inc. was in early November, when the previous high in May was exceeded (see the red line).

The uptrend lines are still intact, which is good, but the MACD is very high, so a small pull back may occur, which is why I’m holding, but not selling.


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