Besides being undervalued, I am not aware of any pending news that could shoot our price up so a little patience here may pay off. The 10 day sma is crossing the 30 day sma. If we cross it, it could be an impetus to move us higher but if it does not, then the 30 days could act like a roof and we will bounce lower. 38 is solid support. The 200 day sma is at 81 and that will be the next big target technically.

Should be a good week next week to tell the underlying strength of this stock. Anonymous was our biggest buyer again yesterday, they have been a solid net buyer for the last few sessions. Yesterday they bought almost all their shares before 11am at an average of 47 then sat back as the price drifted lower. RBC was the big seller yesterday.

Many of my gold plays have moved off their bottoms last week along with the POG. Hopefully, this trend continues from our very oversold situations!

Have a great weekend!

Glorieux