Today could present the last good buying opportunity for savvy investors/traders in EER imo.
Any weakness should quickly turn to strength and the smartest guys in the room know it.
In saying that a push as low as 55c could signal further short term weakness as that is where I have the fib retrace convergance of the last two decent uplegs. It had a go at it yesterday.
Unfortunately the VIX is also set to move higher over the coming weeks but I have a good feeling that EER will shrug this off and power on up to $1 then even higher in time.
Trade well (if you got the balls).
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