OTCQX:ELYGF - Post by User
Post by
feenewbieon Oct 19, 2020 12:26pm
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Post# 31739350
technicals
technicalsLongs, looks like the new measured target is in the ~$2.65 CAD range, with support at ~$1.15 and resistence at ~$1.38. We need a bounce up through the 10 & 20 day ma, then challenge the 50dma at ~$1.41. Slow Sto may take us a bit lower first as it is under 20. When it turns back up over 20, we should see some progress. Still short term bearish on gold but see it heading higher. Sorry - not ignoring anyone - Stockhouse is trying to fix some glitches in my account. GL all!