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SBGL - divergences don't matter until they do Part II


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#1 diogenes227

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Posted 28 September 2017 - 06:21 PM

From the link:

 

 

It’s time to try wild and crazy SBGL again. Probably the entire sector of gold stocks for that matter…

 

Last time this stock traded it yielded a great gain. And now it has fallen all the way back to where the last rally began. Who says the trend is your friend? Not as much sometimes as the swing.

 

For further discussion and chart:

 

SBGL - DIVERGENCES DON'T MATTER UNTIL THEY DO PART II


"If you've heard this story before, don't stop me because I'd like to hear it again," Groucho Marx (on market history?).

“I've learned in options trading simple is best and the obvious is often the most elusive to recognize.”

 

"The god of trading rewards persistence, experience and discipline, and absolutely nothing else."


#2 diogenes227

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Posted 03 October 2017 - 09:36 AM

Limp, limp...LEAP?

 


"If you've heard this story before, don't stop me because I'd like to hear it again," Groucho Marx (on market history?).

“I've learned in options trading simple is best and the obvious is often the most elusive to recognize.”

 

"The god of trading rewards persistence, experience and discipline, and absolutely nothing else."


#3 diogenes227

diogenes227

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Posted 03 October 2017 - 11:09 AM

From the link:

 

 

It’s time to try wild and crazy SBGL again. Probably the entire sector of gold stocks for that matter…

 

Last time this stock traded it yielded a great gain. And now it has fallen all the way back to where the last rally began. Who says the trend is your friend? Not as much sometimes as the swing.

 

For further discussion and chart:

 

SBGL - DIVERGENCES DON'T MATTER UNTIL THEY DO PART II

 

Bottom-picking the gold stocks.  So often these golden birds fly north together.

 


"If you've heard this story before, don't stop me because I'd like to hear it again," Groucho Marx (on market history?).

“I've learned in options trading simple is best and the obvious is often the most elusive to recognize.”

 

"The god of trading rewards persistence, experience and discipline, and absolutely nothing else."


#4 diogenes227

diogenes227

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Posted 14 November 2017 - 08:42 PM

Finally closing out SBGL trade which began with this thread.

 

SBGL - for a total profit just above 18%


"If you've heard this story before, don't stop me because I'd like to hear it again," Groucho Marx (on market history?).

“I've learned in options trading simple is best and the obvious is often the most elusive to recognize.”

 

"The god of trading rewards persistence, experience and discipline, and absolutely nothing else."