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Aurcana Corporation Message Board

  • clubfoolish clubfoolish Feb 22, 2013 9:14 AM Flag

    price gap down will likely be filled soon

    btw, there's a serious waterfall gap down from ~.77 down to right where we are today (.73).

    That'll more than likely get filled lickety split in a few hours one day soon. There looks (to me) to be minimal resistance from here all the way back up to 90 cents, and very little there.
    This could pretty easily go back to ~98 cents within a week or two, beginning at any time.

    Point being - if you want your fill and want it cheaply, NOW is as good a time as we're likely to get.
    Hold your shares in tranches evenly divisible by 8, the end of March 8:1 R/S is coming fast!

    and may Lenic continue to implement well.


    Sentiment: Strong Buy

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    • light vol today (pretty much everywhere in the PM sector), but here, at least they are back-filling the gap.

      Interesting how it ran up to the top of the gap at 77 cents, bumped off it back to 75 and now at 76 cents.
      It could end today, with this low vol, at anywhere from ~72 ~78 way to tell, the charts are a blank space in this zone as far as I can tell.

      Sentiment: Strong Buy

0.3709-0.0271(-6.81%)Oct 27 2:22 PMEDT