Considering the way Comex gold got pounded yesterday, this stock’s 59-cent loss could have been worse. It is for that reason that I’m going to recommend bottom-fishing at the 14.54 target shown, a Hidden Pivot midpoint support. Specifically, you should use a 14.57 bid, stop 14.49, for 400 shares. Camouflage is also okay if you know what you’re doing, but I’ll track a position for your further guidance if buyers report getting filled either way. Please note that a bigger picture still suggests that this vehicle will fall to 13.15 before it gets good traction. _______ UPDATE (10:20 a.m. EDT): We were briefly in and out of this dog as it made a game attempt to crush the old multiyear low at 14.24 recorded a week ago. Our loss was $32 plus commissions. 13.15, here we come! We’ll be bidding down there as well, for something like salvage value.
