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Gold/Mining/Energy : Copper Fox -- Ignore unavailable to you. Want to Upgrade?

To: dsikorsk who wrote (10218)	5/6/2016 10:12:19 AM
From: louel	Respond to of 10654

I was out as soon as price dropped below it's previous days low. I only picked up $300+ after fees. When the candles were getting smaller even with strong volume at the top. It says the people who got caught in the consolidation from Aug to Dec 2015 were trying to get their money back without a loss. There fore a short squeeze was not likely to take place which may have resulted if price had risen to 85/90 cents. Short interest is over 17 it could have been a 1 to $2 ride when the BTC started tripping. I sort of expected it would play out as it did. That's why I said it would probably pull back to the 200 Ma. I am watching closely now if today is reversal point or if it goes to around 38 cents where it may begin a trend channel.