RE:soldpowerhour wrote:
Thanks. looking for a pull back before i jump back in. seems high
- Not sure if I agree with your thinking there ... PowerHour
- Yes, nice move indeed ripping through resistances at .87 and .91. Next is .97 and then 1.16.
- To all those who use technical analysis, you guys must be familiar with the term "Golden Cross".
- For those who do not, it is when the 200dma crosses the 50dma from below.
- Well, guess what,.... the "Golden Cross" happened today. The MMs know it and the algos know it.
- To see how it impacts the future trajectory of a technical chart, just look at any stock which has recently gone through a "golden cross". (psst..psst....SMF was 2.47 that day and now is....$4.50)
- Welcome to a whole new "level of price discovery" my friends. EDV can move to levels not seen for a while.
- IMHO... we see $4.00+ in the not so distant future !!
GLTA.