ANO has put together two consecutive up days, but, more importantly, is holding a long-term double bottom. The stock rebounded off of these levels last August/September and appears to be trying to do it again, which has technical traders taking a closer look.
To view the video chart, visit the following link: www.qualitystocks.net/videocharts.php
Please see disclaimer on QualityStocks website: disclaimer.qualitystocks.net
Anooraq Resources Corp. (ANO) Video Chart for Tuesday, May 10, 2011
QualityStocks's Blog
475 Followers
Please Note: Blog posts are not selected, edited or screened by Seeking Alpha editors.
Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.