So if it goes 'sideways' does that mean it stays at the same price does it??
I'm suggesting that if most people choose to ignore any possible ramifications from Dipidio that the SP will return to $3.00 within the next week or two. It may go down (sideways) from there or may even continue up.
Charts are subjective Hippo and on your charts I don't doubt that they are less bullish for the style and type of trade you are looking for.
As you should know there are MANY different ways to try and make a buck at this game, including in 'sideways' markets.
OGC Price at posting:
$2.74 Sentiment: None Disclosure: Not Held