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goforthebet

09/04/14 1:06 PM

#881 RE: VanWilder #880

what do you think can be the bottom on this new dip?... I have a simular plan to add to my core Position for more to come.. thx

123tom

09/04/14 1:27 PM

#882 RE: VanWilder #880

yes...I think thats what I'm doing as well.

Today looks like the 7.00 support zone is being tested. The one that looks more important in the chart pattern is the 6.90-6.80-70 support step.
which was the pivot zone last rally swing.

To me it looks possible a dip to retest 6.50 is in play in the current downwave...but if it develops more downside I'm looking at the 6.30 area as my zone to buy alot more...
6.50-6.00

http://stockcharts.com/c-sc/sc?s=PVG&p=W&yr=1&mn=4&dy=0&i=p35759554353&r=1409851457578

http://stockcharts.com/c-sc/sc?s=PVG&p=D&yr=0&mn=4&dy=0&i=p08382720314&r=1409851597221