Aurcana Silver Corp V.AUN.H

Technically speaking.

[JonEcash]

The following is my opinion only and can be ignored by anyone who chooses to do so. Using the price of 65 as the base and 97 as the top, the pullback to 85 today was a classic 38.2% Fib retracement. However, with the market depth the way it is, I see 80-81 as a possiblity (as I posted previously) which would be a 50% Fib retracement. This level is also fairly close to the middle BB and 25DMA -potential bounce points. There's also a small 79-82 gap that was created at the end of February. I'm wondering if that will need to be filled as well. Some of the astute ones here should also see the benefit of such a pullback: which is not only to bring the indicators down from overbought levels but to create the "handle" of a possible CUP AND HANDLE formation. Another positive, is the buying volume that took place this morning. Lots of eyes on this one. Now I'm NOT suggesting to anyone here to sell their shares. I'm just pointing this out so that any holders will not be nervous if the pps decreases a little bit further. J$