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GDX - Zooming out a bit, GDX is once again attempting to find support at the lower trendline, which now has 6 touches
Matt, Would you also consider this H&S?
But i guess due to positive MACD divergence, it might be a weak pattern, right?
yeah I can sort of see what you are saying, but I don't like the symmetry of it as a H&S
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Posted by matt on 25th of Mar 2012 at 05:50 pm
GDX - Zooming out a bit, GDX is once again attempting to find support at the lower trendline, which now has 6 touches
Matt, Would you also consider
Posted by harshblue on 25th of Mar 2012 at 07:41 pm
Matt, Would you also consider this H&S?
But i guess due to positive MACD divergence, it might be a weak pattern, right?
yeah I can sort of
Posted by matt on 25th of Mar 2012 at 08:17 pm
yeah I can sort of see what you are saying, but I don't like the symmetry of it as a H&S