TSXV:NORA.H - Post by User
Comment by
JustLongon Aug 15, 2008 10:18pm
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Post# 15389179
RE: article mentions V.OK
RE: article mentions V.OKI concur with the article.And re:poS @ $12.75.Link 1 shows where you would find an area of support.(week of July/07 at about $12.30 and mid to late Aug at about $12.10).Seems likely.Don't know if it will get to $11.50.Link 2 shows the recent silver action.That little shutter between $14.50 and $15 may be a hint the bottom is near.The ADX is starting to get a bit high(relative to how it moves with the silver price) and may reverse around 50.Potentially next week if the poS hits say 12 bucks and the ADX peaks at around 50 with RSI already sunk,the bleeding could stop.Combine that with link 3,which is an OK.V chart.It shows support between $1.00 and $1.10.(May-June/07 and Sept-Oct/07)Man it sucks to say that.Almost a 50% lower shaddow on $GOLD today so that could be at or near bottom and is in a support range now. In summary then,IMHO next week could get interesting which may even lead to a rally.Maybe that is too optimistic,but I beleive a rally is due.GLTA
https://stockcharts.com/h-sc/ui?s=$SILVER&p=D&st=2007-06-15&en=2007-09-15&id=p88763395123
https://stockcharts.com/h-sc/ui?s=$SILVER&p=D&yr=0&mn=2&dy=0&id=p45544443906
https://stockcharts.com/h-sc/ui?s=OK.V&p=D&yr=1&mn=4&dy=0&id=p68516280608
JL