I thought 33c would be bottom, but have been too scared to look all day just incase the technicals decided to throw me a curve ball. Now only 2c under my consolidated position.... yippee!
Technically, i've been waiting for some kind of confirmation on the weekly candle to signal a momentum shift. This morning's breach of the Bollinger Band is exactly what I wanted to see. The big end of town and their SP suppression tactics should relent for a while now.
Daily and weekly candles now have blue skies to work with. Expecting a big, big move north in approximately two to three weeks.
GXY Price at posting:
40.5¢ Sentiment: Hold Disclosure: Held
