Current Trade

Wednesday, December 1, 2010

EVG.V Popped to 1.29 this morning

I saw it coming on level II, and posted on the SH EVG board  (Toot) yesterday... there was a poster... at least one who suspected good news coming, and he was right on... sure explains the price action I was seeing.

Fibonnacci suggests a return to 1.09 would be appropriate over time... of course that may be a bit premature as we may have some more upside before applying the %.   I can see distribution on the level II platform... @ 1.27 to 1.29  however if we close strong... a gap up for the blow off may come home. On my level II Bollinger we have popped the upper, and to be honest it has always been fairly accurate for toppy action corrections.
GLTA Lostoutwest

After connecting to a link... you should refresh the page by clicking on the Home button or the Web Page title to ensure the latest updated page
Kenuck SmallCap Trader

Korelin Radio

StockCharts You Tube Lessons

Money In Metals

Resource Clips

Stockhouse

Ticker Trax

Bullion Bulls Canada

Lex corp

Track My Trade - this is a link to an off site I follow, and have no affiliation with.

National Post

Grandich

StockCharts Public Chart List

CBCnews

Please read our Complete Disclosure

If you see the hand... click on screen shots to enlarge them.

No comments:

Post a Comment