Caledonia Mining Corporation (CMCL)

[jsc52033]

I thought we would also drop to those numbere if 1220 are didn't hold. Now the question is was the gap due to unexpected news? If so it may not fill. The interesting thing is the HUI issued a buy signal when it reentered the Bollinger bands. Now the gold charts in some are saying bottom is in. Eery chart watcher has their own set of guide lines, one in a while they get violated.

I looked at the current risk reward and decided I was not waiting for a pull back. I would sooner pay
a little more an have it vs. not getting it or paying way more. I am a long term holder so will not be flipping for a point. That doesn't mean I will not sell from a much higher point when I sense a major pull back is occurring. Always nice to have some free shares.