Replies to post #4732 on 123Tom's TA study group

[123tom]

My guess is a pullback to retest 4.20 in the coming days.


I'm not interested in buying at the 50ma zone, or even at 4.15. 4.10? maybe.

half way there now.

the 50ma is a target here. 4.25 /4.20

Intraday bouncing.AVXL capped at resistance 4.50.... it looks controlled.is that safe to say ?
bleeding down more to come? that's my guess. the peak at 4.50 looks completely capped ,stopped right there.

I might buy a bit more if it falls again to 4 dollars.

C, do you like MUX? would you be a buyer at the 1.70 pivot target? I'm thinking about it. not too many miners I'm interested in these days.



GDXJ is ready to roll over and go down again



PVG is pulling back down now after the big surge stopped at 12.44.
I'm anticipating a downwave that reaches 10 dollars, maybe 9.70. but steps along the way. 11.40, then 11.00 then Failing at 12.00 etc... down to 11,down to 10.70,10.35 area are all target points. 10 dollars then becomes 9.75. The major support line that sets the chart pattern has been 9 dollars for at least a year. watching to see it hold at 9 dollars,or not, has been the balance point for a year or longer.