what I'm wondering now, is how far this ongoing pullback reaction will continue down,or not., after retesting the 1 dollar zone, that was quickly done today...now how much strength will the selling continue to have. what will support at 1 dollar do....its time to wait some more.
but the targets for lower pullback are there in the chart . the 20 ma is at ?? and the 50 ma is at ??
My own bid is still at 94 cents for some more, and lower bids for more . and I still plan to sell a little at the wave completion zone...which I anticipate somewhere around the 200 ma at 1.65 area. 2.00 would be a bit greedy, but possible. I would guess that Alan Ross , of Connecting the dots, would consider PVCT at 1 dollar an Extreme Bargain.
But technical charting is showing the bargain zone a bit wider, from 1.00- to 82 cents...and the targets in the 70's ?? hard to hope for those right now. The safe play to accumulate more, would be to start buying at the next dip below 1.00 That might be 94 cents. (OR, the 1.00 might hold like Magic this time) But the Cloud zone is what I'm also looking at .
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