qwich34- Fibs are
areas to watch, but you also want to have more of a reason then
that. If you want to take a shot, fine, but have a stop in
place.
there is some pos div on the 5 min GDX chart, so perhaps we'll
get a bounce off that, but that's it for now, the longer term
charts are ugly.
again depends on your time frame and risk tolerance, if you are
a day trader, then fine you can take a shot. Otherwise there
are longer term concerns here
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gdx at 61% fib. time to buy?
Posted by qwich34 on 28th of Jun 2012 at 01:22 pm
qwich34- Fibs are areas to watch,
Posted by matt on 28th of Jun 2012 at 01:37 pm
qwich34- Fibs are areas to watch, but you also want to have more of a reason then that. If you want to take a shot, fine, but have a stop in place.
there is some pos div on the 5 min GDX chart, so perhaps we'll get a bounce off that, but that's it for now, the longer term charts are ugly.
again depends on your time frame and risk tolerance, if you are a day trader, then fine you can take a shot. Otherwise there are longer term concerns here