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Gold/Mining/Energy : Verde Agritech
NPK.TO 0.9100.0%3:59 PM EST

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To: marcos who wrote (15807)12/1/2017 7:38:03 PM
From: stuffbug4 Recommendations

Recommended By
kidl
LoneClone
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Some chartists would prefer that the gap remain unfilled, as that would confirm the uptrend is still intact.
Depending on whether one uses the closing price or the entire day's trading range, a gap fill could be a print of either 70 or 64.
Interesting that the correction low (so far) is 75, the opening and low of the gap up day.

Although volume tailed off as the week went on, there seemed to be buying support each time the price dipped towards 80.
Should be strong support in the 60s (the spring consolidation zone) if price ever drops that low.
Hopefully the market makers can trigger some stops from this week's newbie price chasers.

The furious pre-release rally caught investors off guard as many long term players were hoping to acquire more shares during tax-loss selling season.
The 40 to 50 base building was not only short in duration, it was also lacking in volume.
Unless you had knife catcher bids below 50, it is unlikely that you were able to accumulate many cheapies.

Near term price drivers would be news of permits or sales data.
Would be interested in knowing the timeframes for the growing seasons in Brazil, the quantities of GreenSand purchased by farmers for each of the 2017 growing seasons and the reorder levels.
Sales data for the U.S. / North American market probability won't be available until Q2 2018 due to the involvement of middle men / distributors.
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