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Northstar Signs MOU to Mine High Grade Zone 2 at Cam Copper Mine (click to learn more)
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Avion Gold Corp AVGCF



GREY:AVGCF - Post by User

Avion Gold Corp
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Comment by heckler73on Jan 06, 2010 3:59pm
458 Views
Post# 16646249

RE: RE: Why is this stock dipping?

RE: RE: Why is this stock dipping?For the Techies,
the stock seems to be following an Elliot Wave Pattern (right now, I think the 2nd wave UP is finishing...)
By applying a Fibonacci Retracement over the current wave, I see TWO potential BUY times to catch this at its lowest POSSIBLE price...
63 and 59 cents...
When I applied this on the 1st wave, I found 41 and 38.5...
If you put those two prices on the bid, you would have gotten a GREAT deal (with a short bump to ride in the middle)...
I wound up buying at 42 on the first dip (sold at 66)
SO I'm looking to 63minimum for buying back in, and testing this theory...
Unless some follow-up NEWS comes out... that can always change the game.

In any event, the stock will go higher at some point...
(it could happen tomorrow in fact...)
If you have some other analysis, I'd appreciate reading it...
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Dealroom for high-potential pre-IPO opportunities
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