Pretivm Resources Inc. (PVG)

[123tom]

Hey guys.... everybody staying calm here?

big sell off from an over extended surging rally. I was happy enough to see it reach 13,let alone stretch to 13.80. The old topping zone was 12.40 area. yes, PVG has followed the tailwinds of spot gold. I started taking some profit at 13-13.80 and looks like the familiar volatile gyration 1 or 2 dollars up and down is back in swing again.

I'm not buying this 12 dollar step but might nibble at 11.50/11.25 if it continues this week. I like 11 better eventually and 10.50 area is a Fib target on the math pattern.

Good trading up and down.

Was there any news that caused this? or just profit taking that started last friday. Lets watch the strength of a bounce now if PVG wants to show what bullish strength it has.
PVG does like to make these 1 dollar moves it seems. would we get the next one at 12.35 going down to 11.35 ?
or 11.85 to 12.85 and then 12.35 to 13.35 ?

PVG