TSXV:AUN.H - Post by User
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Premier1on Feb 22, 2012 11:10pm
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Post# 19570911
resistance level
resistance level It has been a good week so far. Next resistance level @ $1.10. I'd feel more comfortable with some consolidation for a couple of weeks... or see a good news release or two to put some strength behind this run up. On the other hand, there is no technical or fundemental reason yet for a pull back either. I get nervous when I see this much emotion on a board - typically means a pullback is due.
Aurcana will go much much higher but there will also be pullbacks - don't forget that and don't feel cheated when it happens because that is the nature of these things.
Premier