Klondex Mines (KLDX)

[123tom]

Fibonacci target tracks on the KLDX chart





....and the larger picture. Looks like the bubble got pumped up 1 dollar higher than it should have. the topping resistance zone on the way down around 5.25 , and the true target zone (Fibonacci) on the way up at 5 dollars. ok. the pullback target zone that should be around 3 dollars , finally got there now.... maybe 3 dollar area is ok to buy. but the balance zone is around 3.50-4.00 so I wouldn't expect another giant rally from here, maybe a slow climb that seems to wallow around the 3.60-4.20 area for a while.




I'm looking at MUX as well for bottom fishing, around 2.25-2.00 area

MUX needs to come down a little more for me.