Avion Gold Corp AVGCF

no surprise in today's drop

[littleguy21]

If you were watching.  What i don't like to see is the high open and the lower close each day.  Then the block at 999
bid just below the ask that isn't taken out on either side before its moved and just disappears.   Another thing is after the open the price never stays above all day and then it closes just below area but never above open.
What this means to me is the pattern will continue until those that are blocking the up trend will hold it there until they sell their position on the higher end before removing the block or defence bid making it look like much larger demand or a solid up trend.  After a few days like we just seen the bid support is removed and boom down it goes as now the bigger seller becomes the buyer again as bid support is pulled letting it drop and it starts all over .
 This is done at every level until the bottom moves up on real support as we move along.
If i was a seller i would of sold the first day i seen this type of pattern as i know its going to move down soon as they finish selling top by using a block or defence bid.  What we never know is how long it will take for this to finish out before the drop for no reason other then the game of filling high is over or the size of positon that is being sold.
Its a very old trick but it works for them everytime.  On the other side of the coin i won't be worrying about the game just the real fact this is still under valued in my mind. But were going to have to wait it out as we build towards the goal of 200 ounces a year.
Gl
Littleguy