pure TA and charts mate, nothing else.
I was certain that it would pullback when it formed a doji two days ago... but here we are.
I will be buying again as i said , even if it goes up to $1.30 and pulls back to $1.10 and chart shows me it is over sold, i will buy higher.
remember i sold GXY at $2.20 with a decent profit only to watch it go double in the next couple of month.
Bought higher on the way back at $2.70 and rest is history.
Long term average keeps dropping.
Chart, page-15439
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