123Tom's TA study group

[123tom]

Pretium gold...PVG

IF the peak is finished at 11.90 the track of the downwave look beginning now with a big plunge this week....it was a big china mining company ,ZJIN, that had a big stake in PVG and sold 6.8 million shares. but otherwise PVG looks ok. finding its next cyclic bottom...looks to me around 9.00-9.50 area.

I see some 1 dollar moves up and down in PBG in the next 6 month cycle.
I wouldn't be surprised to see it eventually retest 9 dollars. buying bargains look like 9.70 or lower to me.

PVG downwave tracks