Re: Pi$$, vinegar, and manipulation . . .
in response to
by
posted on
Jun 17, 2010 02:21PM
San Gold Corporation - one of Canada's most exciting new exploration companies and gold producers.
Wouldn't that be something if today's gap from 4.54 to 4.58 and prolonged trading above the short term trend line which started on May 12 at 5$, hit $4.80 on June 1 and today is trying keep it's head above 4.60 is the eventual 38.2% fib retrace on a monster move from $3.03 to $7(6.97)? Wasn't IR saying somethng about 7 bucks not too long ago?
And just as the December/May flag brought a major continuation move from 3.03 to 5, the current pennant formation has a flagpole that could easily justify a move to $6.50/7.