as I went over yesterday, a lot of major gold players are
nearing suppport like BVN at the 200 day MA etc. I have a
list of Juniors as well, I'll go over those later
today.
I've found it best to buy these stocks at support vs
breakouts
for example BVN closing at the 200 day MA on Friday was too
easy, wish I had saw that, I would have picked it up. Now do
I think it's ready to run back to the highs from here, no, however
a bounce yes for sure to retrace part of that decline, then I think
it will consolidate again. The positive divergence via the
Histogram tells you that a bounce was coming but the lack of
positive divergence via the standard MACD tells you that it will
only be a bounce, then needs to consolidate
as I went over yesterday,
Energy and Gold/Silver Penny Stocks
Posted by matt on 18th of Jan 2011 at 09:28 am
as I went over yesterday, a lot of major gold players are nearing suppport like BVN at the 200 day MA etc. I have a list of Juniors as well, I'll go over those later today.
I've found it best to buy these stocks at support vs breakouts
for example BVN closing at
Posted by matt on 18th of Jan 2011 at 09:37 am
for example BVN closing at the 200 day MA on Friday was too easy, wish I had saw that, I would have picked it up. Now do I think it's ready to run back to the highs from here, no, however a bounce yes for sure to retrace part of that decline, then I think it will consolidate again. The positive divergence via the Histogram tells you that a bounce was coming but the lack of positive divergence via the standard MACD tells you that it will only be a bounce, then needs to consolidate
bnv
Posted by hazbin1 on 18th of Jan 2011 at 09:39 am
actually bvn