by John Lansing | October 21, 2010 11:04 am
Today’s chart of the day is gold miner Aurizon Mines Ltd. (AMEX: AZK), which is involved in operations, development and exploration activities in the gold producing Abitibi region of northwestern Quebec.
Like many gold stocks, AZK has been on a parabolic rise. In fact, it broke out of a quadruple-top ascending triangle chart pattern to new all-time highs.
Volatility in the gold sector this week and likely into next week could offer traders a chance to get into AZK on a pullback before the stocks heads for our target, which is north of $10.
Get John Lansing’s Chart of the Day sent right to your inbox — FREE! Click here to sign up now!
Source URL: http://investorplace.com/2010/10/chart-of-the-day-aurizon-mines-ltd-azk/
Short URL: http://investorplace.com/?p=21080
Copyright ©2013 InvestorPlace Media, LLC. All rights reserved. 700 Indian Springs Drive, Lancaster, PA 17601.