Sunday, January 29, 2017 10:56:46 PM
Pretium resources chart in living color...
the road map so far.... PVG, has made a better rally than many miners,so far, but sometimes, it gets risky at an overextended topping resistance zone....here PVG has already got into that resistance area ,at 10.88,shy of 11.00 but it could rally a bit more here,to really get into the resistance slam down zone.so I'm a little nervous to see it floating here, like its trying to decide whether to rally one more step,or its waiting to get clobbered down in a real retrace of the 9 dollar zone with 8.50-8.00 as my target for buying the pullback.
Its become so rigged ,this stock market and especially the metals and miners, that I have to be extra cautious about the next slam down. Here's PVG hanging around 10.50 and could push higher to 11.50 and the finished rally zone at 12.50 area, but it could just as easily get Hammered down now from this Topping zone, and retest 8.50 if the Powers decide to do this.
the road map so far.... PVG, has made a better rally than many miners,so far, but sometimes, it gets risky at an overextended topping resistance zone....here PVG has already got into that resistance area ,at 10.88,shy of 11.00 but it could rally a bit more here,to really get into the resistance slam down zone.so I'm a little nervous to see it floating here, like its trying to decide whether to rally one more step,or its waiting to get clobbered down in a real retrace of the 9 dollar zone with 8.50-8.00 as my target for buying the pullback.
Its become so rigged ,this stock market and especially the metals and miners, that I have to be extra cautious about the next slam down. Here's PVG hanging around 10.50 and could push higher to 11.50 and the finished rally zone at 12.50 area, but it could just as easily get Hammered down now from this Topping zone, and retest 8.50 if the Powers decide to do this.
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