50 dma is 3.45. 200 dma is 3.09. Will we get the same response off 3.09 as we did last March at 1.40? I sure hope so.
http://agoracom.com/ir/SanGold/forums/discussion/topics/410163-more-detail/messages/1351862#message
My explanation for the 3.11 gap is that it is the only gap not filled since we broke above 3.31 and it was that gap that initiated high volume and a record share price and if that major move is going hold up and be part of a continuation trend, 3.08 is the obvious Fib choice and is also the 200 dma and major line of defense so why not put an order in at 3.10 and hope this is just a shakeout. If that breaks, there is/could be something wrong with the market.