first off was just do technically and formed a doji candlestick
yesterday with price far from the 9 EMA. Also short term it's
been trading a little opposite to the market, i.e. it was up this
morning while the market was down, then pulled back when the market
bounced, and then rallied here when the market pulled back again -
but otherwise technically it's probably due for the bounce anyway.
Also on a 5 min chart, it has a nice trendline break
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GDX bounce
Posted by rockee on 4th of Dec 2013 at 12:37 pm
Nicbounce in GDX lasthalf hour!
any reasons?
Posted by shopper on 4th of Dec 2013 at 12:38 pm
first off was just do
Posted by matt on 4th of Dec 2013 at 12:50 pm
first off was just do technically and formed a doji candlestick yesterday with price far from the 9 EMA. Also short term it's been trading a little opposite to the market, i.e. it was up this morning while the market was down, then pulled back when the market bounced, and then rallied here when the market pulled back again - but otherwise technically it's probably due for the bounce anyway. Also on a 5 min chart, it has a nice trendline break