RE:RE:near term support is $3.06 CAD the reversal on the 4 hr timeframe was a trigger for me to sell my position and book the 0.20 gain. Now I'll watch for a higher low than $3.36, but if that breaks, then back to where I figured which is $2.90 - $3.06. I may buy before that zone if we get oversold again.
Cheers, and good luck!
SS76 wrote: SS76 wrote: however not sure it gets there just yet, I see a short term bounce from the $3.35 - $3.45 area based on the 4 hr RSI being oversold, and this has been a reliable bounce area. Long term, ya, this one is going to be a winner. Good one to just hold.
Looks like my buy at $3.42 was a good one. I'll sell it at $4.10.
Cheers.