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Agnico-Eagle Gold Mines Limited: Hits all time high

Print This Post Print This Post | Topic: Gold Mining Companies — September 6th, 2007

Agnico logo

Fantastic! Just a few days after Labour Day and already investors are picking up quality gold mining stocks and as we have said before this is a class act.

A quick look at the chart and we can see that Agnico-Eagle has breached major resistance to make a new all time high.

Agnico Eagle 06sep07

The technical indicators suggest that we are now in over bought territory and some consolidation could come Eagles way. This is nothing that bothers us, as we will continue to hold in order to take advantage of the autumn rally, which we expect to continue through to the year-end.

Go Eagle Go!


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