Esperanza Resources Corp V.EPZ

Today's close

[GACAB]

If EPZ closes above yesterday's high of 1.84, should be short term bullish and I would expect EPZ to rise to its last highs in February 2011 of approximately 2.08 (13% gain).  If it can break 2.08, 2.40 or so is the next target.

Do your own DD.

[GACAB]

Looks like I possibly scuded that prediction, as soon as I posted it, 100k of shares came in on the ask at 1.80 (spread was 1.79 - 1.85).Anyway, strong support still seems to be in place at around the 1.75 level in my opinion which is backed up by the 200 day exponential moving average.Still think this is an excellent place to open a short or long term position or to add to your existing position