Ogc roaring off the bottom here. Well, maybe not as looking...

Ogc roaring off the bottom here. Well, maybe not as looking forward the reality says something a bit different.
The chart indicates a dead cat bounce with support at $2.145 and target at$1.96.
Technicals have loads of room to run to the downside.
The only decent thing from what I can see is that the lower this thing goes below the cap raise then the more of a trade it might become back up to the raise price.
And if these guys who splashed out their not so hard earned dosh don't like the look of the company prospects going forward then its hard to see this thing going much higher than the raise price.
Until of course the gold price is reset much higher to where it would naturally be without the fraudulent central bank and their minions "interference"
By that time judging by recent history the clowns that run this junk will probably be "well hedged."