on EVG... I'm liking the price action this morning on level II... the volume dropped off and along with it, my fear of a wave making spike waned.... I would much prefer the price to make a sideways or restricted rise in this area so that we can wash out the 200 day average weak hands that have been following the price down through the consolidation, selling the tops... we need to replace them with strong hands buying the back fills. If that happens a true trend reversal could grow, and finally twist the top off.
The chart pattern is looking strong, and the natural wave motion of the back fills could crest down as low as .82 cents... before the pattern really confirms... On the other hand, if we can break $1.00 ... the support should move up into the low .90s. I will be updating the Stock Charts Public list with suitable observations for the reversal progress I think I see. StockCharts Public Chart List
GLTA Lostoutwest
Kenuck SmallCap Trader
Stockhouse
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National Post
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