Nice looking indexes... however I would say if this holds, by the middle of April... may be sooner, a double top in the markets could be the go away in May cycle.
PDN.TO is going for a reaction bounce.... I bought in this morning and saved 1/2 in case it opens down tomorrow.... it may well gap, either way the risk is way down. The insider buying release was timely. Directors have made some reasonably large recent purchase, the buy out rumor is still flying, and with the price down... we could see some action.
SSE.V is holding out good and I see some interest that is pressuring the ask... any pullbacks due to lack of interest to .08 cents and I double up.
SGC.V is looking like it wants to to make an up move and I have been keeping a close watch.... this has been slowly edging up and level II is light on the ask, so if there is any news... and news is due... it could react up, however, news is not needed... all is needed is this upward pressure to get noticed and the sentiment will take over.
URC.V still acts like it has downward pressure but is holding pretty good... I would be interested @ .18, but am waiting for the first hollow candle that shows some Level II upward pressure... the pressure should sell off quick and that is where the buy is likely hiding... whether that is .lower than .18 or higher is a wait and see.
CXX.TO is showing an urge to take some more ground.. I was tempted to chase it at .23, but it has a habit of opening lower than the close... a lot of bottoming stocks do the same thing in a bearish market as the supply diminishes, but is not quite ready to make a run, so I wait for tomorrow and hope for .22...
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