ALIAF daily March 20th
ALIAF (Alacer Gold Corp) hit the second target for a 63% gain on Friday. I just noticed that the previous chart had erroneously listed T2 as the first of the downtrend line or the 2.65 level. Obviously the 2.65 level was a typo as T1 was at 2.63 and the horizontal line where T2 was placed was always drawn on the 3.17 level. Therefore, the annotation listing the targets on the top of the live chart has been corrected to list T2 as the first of the horizontal line (3.17) or the downtrend line (which prices hit first last week).
As expected, ALIAF has pulled back after hitting those intersecting resistance lines and is currently trading around the T1 level, which is now support. Therefore, ALIAF could provide a new objective long entry or re-entry for those who booked profits at T2. Updated static daily chart shown here.