GREY:AVGCF - Post by User
Comment by
JonEcashon Feb 26, 2010 4:52pm
369 Views
Post# 16825161
RE: Whats the next technical support level?
RE: Whats the next technical support level?Yes, I also found it surprising that many gold stocks did not track upwards with the price of gold.
On the daily chart there looks to be support at
.55 which is the lower BB. The pps rarely drops below this level, and that is where the most bids are sitting per the market depth. Longer term, there is support around
.50 which is the 100 week moving average. On a positive note, we have a GOLDEN CROSS on the weekly chart -always a bullish sign. Am also looking to pick up more soon, just waiting on some further direction from the markets here.....
Have a good weekend all, and
GO CANADA GO!!!!!!!!!
J$