GREY:AVGCF - Post by User
Comment by
JonEcashon Jan 23, 2012 6:08pm
399 Views
Post# 19438960
RE: RE: Reason for big drop - Comments ??
RE: RE: Reason for big drop - Comments ?? I'm also thinking it's some larger traders who pushed it down for technical reasons (i.e. the MACD cross on the daily chart), which then triggered stop losses.
As long as we can hold $1.39, we should be good as that will be a double bottom and good place to recover as we are oversold using other indicators...
I was a buyer today, grabbing 10K at an average of $1.43. Half for the longer-term and half for a swing trade.
J$