Eutelsat Com Share Price (ETL)

Is anyone buying or selling this.

"China plans to double gold consumption in three years, how high will gold prices go now?" "BEIJING, Feb. 16 -- China's gold consumption amounted to 832.18 tonnes in 2012, an increase of 9.35 percent from a year earlier, data from China Gold Association showed Saturday. Consumption of gold jewelry rose 10.09 percent year on year to 502.75 tonnes, while those of gold bars and gold coins gained 12.22 percent and 21.63 percent, respectively, to 239.98 tonnes and 25.3 tonnes."

Just read what I wrote last year and a wee bit impressed. Except for the fact it was mostly wrong. It broke the 110 mark, hit 160, and took another year to fill the rest of the criteria by dropping sub 40p. Weird or what? Currently, the next upper target sits at 83.5p. Should any relaxation drop below 70p it could start a drop to 59p. This would slow the current rising cycle but not ruin it. We are now looking at the next major obstacle being 99.7p! Hopefully this time I'm being too conservative.

I do this commercially and thought you will prob be interested in our end week analysis on TCG Do remember that NOTHING moves in a straight line tho' "They closed the trading gap from Friday morning intraday though a gap remains at 11p which can now probably be disregarded unless the stock market radically changes direction. There is sufficient strength now for the next spike to carry the price toward 25.55 which, given their banking agreement announcement making it to item two on the news, will probably be below the opening price on Monday. The price acceleration table shows the following. If a level is exceeded, the next one becomes target. 25.5 -> 31.4 -> 39.7 -> 44.8 ->53.1"

Now showing 6.2 target on this lot as it appears to have finally broken the downtrend. 7.4 long term target.