RE:NVA and others doing ok ... I humbly tend to disagree. Below are the past 7 weekly % gains of Nuvista returns, bottom at 11% for this week alone should we close at $9.28. $6.40 to $9.28 for a net gain of 45%. There has to be days of backfilling so RSI does not go ballistic to 90+, because then you would have a big elevator drop. What is occuring is perfectly normal and if anything should be calming, not worriesome.
8.44%
0.29%
2.16%
13.50%
-4.58%
8.57%
11.00%
Indicator wrote:
... but showing some signs of hand wringing. Frankly I'd like to see a little more response to the steady up move of PoO. i.e. Oil moves up each day of late, and many Cdn Oil stocks firm a bit and hover around their support/resistence. Rinse and repeat. Not really keeping pace as well as they once did.
NVA holding above $9.00 is good thing, but I suspect any future wiff of an issue and it could be an escalator down after this stair climb up.
Still long and looking for more upside.
FWIW, just thinking out loud.