WallStScalper
Long

TRX Update! Gap and go expected very soon!

AMEX:TRX   TANZANIAN ROYALTY EXPLORATION CORP
169 2 1
I'm looking for a gap and go to happen very soon (might already be tomorrow or thursday).
Thursday could be the case for it to wait for the SP             moving in to minor wave 3 as well.

If tomorrow I would expect a gap up to around the 2,80 level or as high as 2,86 and then to retrace to 2,78 level for a possible rest of the gap not to be filled. As to be seen on the 4 hour chart - the 2 purple circles are about identical, so I expect a bow-tie on the moving averages to happen creating the same shoot higher and to see a continue move higher for the wave 3 target.

Time will show Safe trading gents! BM
http://www.youtube.com/watch?v=0jO9zvySx_4
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http://www.futuresmag.com/2013/07/09/the-asian-giant-stampeding-into-gold?eNL=51dc3163fc746ffa44000213&_LID=272760
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