Post by
apapas1973 on Nov 11, 2021 6:03pm
Takeaways from today's wild swings.
I can't emphasize enough how crucial 260 is. A break of that and we not only visit 220 but probably undercut it and call it a double bottom. But It shouldn't be down there. Someone did a great job of defending 260 today. These prices swings today show indecision and also tell me news is right around the corner. If we can continue with this momentum, we once again will have a strong move up that I hope finally busts out. Any way I look at it, I keep getting a 360-370 target. But we need to hold here and complete the right shoulder of the inverse head and shoulders at least in my opinion. Let a see what tomorrow brings. GLTA.
Comment by
minime123 on Nov 11, 2021 6:57pm
We need to close over $3.0 apapas, if we can also close over $3.10, we may have a break away to $4.00
Comment by
EndZonefor7 on Nov 11, 2021 8:22pm
Agree, needs to break $3 with gusto. We're being held in this range IMO. No fear at all of any big drop with the solid metal stocks being accumulated as prices begin a new leg up. Makes for base support til next substantial news.
Comment by
KerStockhouse on Nov 12, 2021 9:22am
Yes clearly on how quickly the 60 and 70 range gets bought up. Short covering perhaps?