retiredengexec - thanks for putting in percents - I am a visual person.  Funny how the 3.4 and 8.8 for the week are both fib numbers retrospectively.  34 and 88.6 decimals moved back - hit right on these levels.  What is more ironic is just before the director put in his buying the day before it hit Phi on a golden ratio dead on - that is SVRGF symbol was the 1618.  I always say its like a magnet.  The only part which can trick one is sometimes you have to look at all boards.

Moving on we didn't quite get the strength we wanted but I am ok with where we ended considering the Dow was down just under 500 points, and the TSX down 155 points.
Because we closed just above the 975 mark we should see a continued upward move next week.  What is interesting is we are starting to form a coil here which can be very positive with upwards momentum in price action.  
 
This is not to say we don't move down near 9.40's which is in the 786 camp before bottoming out again over next week.  If we can crack last weeks high of 10.30 and move past 11.34 but close the week at 10.14 or higher will give us more of a move higher in the following week.  Looks like we are starting to form a base but we are not out of the woods yet, or should I say well.  Once we get to year end we will have a better idea.  We do need strength in here and overall considering mkts lately and for last week - not bad.  Hopefully we will continue with the momentum but overall looks good.

On a monthly basis we need to close above 14.11 to see upward momentum and change of trend.  I don't see that happening most likely to after 4th quarter report in March - which if is well should help boost us to this point.  Who knows there can be some surprises in the oil market or gas market at the beginning of the year which could propel us closer to these levels.  The closer we get there the better especially if management is sitting on good numbers we can change trend direction and really start gaining momentum.
Meanwhile from now to then we could see some ranges from 9.50-12.50 if we don't break key areas to downside and oil doesn't break that key level I mentioned in my posts earlier at year end.  
GLTA.