rgld
Started by
gannman
, May 16 2014 01:50 AM
4 replies to this topic
#1
gannman
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Posted 16 May 2014 - 01:50 AM
from the dec low into the mar top it looks impulsive. all the action since then looks corrective. the only conclusion i can come to is that the next move in the stock will be impulsive and to the upside. famous last words i know its all as clear as mud
feeling mellow with the yellow metal
#2
diogenes227
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Posted 16 May 2014 - 10:06 AM
from the dec low into the mar top it looks impulsive. all the action since then looks corrective. the only conclusion i can come to is that the next move in the stock will be impulsive and to the upside. famous last words i know its all as clear as mud
How's SBGL looking to you?
"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
dougie
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Posted 16 May 2014 - 01:20 PM
SBGL: what an animal!
However some sig neg divergences there
However some sig neg divergences there
from the dec low into the mar top it looks impulsive. all the action since then looks corrective. the only conclusion i can come to is that the next move in the stock will be impulsive and to the upside. famous last words i know its all as clear as mud
How's SBGL looking to you?
#4
diogenes227
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Posted 16 May 2014 - 02:34 PM
SBGL: what an animal!
However some sig neg divergences there
from the dec low into the mar top it looks impulsive. all the action since then looks corrective. the only conclusion i can come to is that the next move in the stock will be impulsive and to the upside. famous last words i know its all as clear as mud
How's SBGL looking to you?
I think I have held this stock longer than any stock I've ever bought. Since January. For a swing trader that's saying a lot.
Classic Kennedy Gammage stock: "Buy when the market tells you, sell when the stock tells you."
What negative divergences do you have in mind?
http://stockcharts.c...00268577498.png
"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."
#5
gannman
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Posted 16 May 2014 - 07:03 PM
i think its due for a pullback but then head higher perhaps evenutally to the 15 area but not without a pullback
feeling mellow with the yellow metal
