Nautilus Minerals NUSMF (NUSMF)

[dmlabuda]

NUSMF Hourly Chart Analysis - The price seems to have made a normal Fibonacci correction and there appears to be support now in the $1.20 to $1.30 range. I would expect to see the price rise now to at least $1.70 - $1.80 where there should be resistance from the 200 candle MA. Should the price ignore the 200 candle AM and head straight for the $2.00 area, we would most like see the bull market reestablished and higher prices would follow. Just my opinion based upon the current hourly chart! http://stockcharts.com/h-sc/ui?s=NUSMF&p=60&yr=0&mn=1&dy=0&id=p70906604837&a=246540063&listNum=6