GDX looks higher. AEM, great year chart, hesitating at
resistance, earnings tomorrow I think. But might get up for the gap
with GDX poundin' higher. RGLD meltup to 68.22
AG has has been in the group that has appears to have been
shorted till the last 3 days. Now we're at a nice inflection
point - the baton may pass to the likes of these now. Targets
in the 12.8 range , hit $16 after the summer rally. AUY
looks much the same. Just looks like the $$ is going to the
bigger, lower volatiliy issues the last few days. PPP closer
to $6.72 tgt. GLD looks like $127. These GDX stocks
appear to be getting a lot of short-covering, just getting
going over the mid-Jan highs, look higher.
Hi div south african spinoff, led most of the fall, 52 week
high. TAHO kickin' butt. At 10% a day, they're
not buys anymore, but we're seeing some very healthy action
in sector leadership and short covering among the
dogs. Lots of sources of buying fuel still
around.
Remember, stocks like these went from $40 to $2 in the past 2
years. This rally is just undoing the summer ernins gapdown
in this stock. Looks a little weak, but it had a nice
run. This hit $6.55 premarket a few weeks ago.
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GDX follow up
Posted by matt on 11th of Feb 2014 at 10:43 am
GDX - Chart Link - another nice move today
GDX - Chart Link - testing upper trendline channel
GDX - Chart Link -
GDX - Chart Link - I
Posted by matt on 11th of Feb 2014 at 10:46 am
GDX - Chart Link - I added a second symmetry target via the purple dotted line, nearing that area
GDX Extension tgt $26.7
Posted by cmunny on 11th of Feb 2014 at 11:19 am
GDX looks higher. AEM, great year chart, hesitating at resistance, earnings tomorrow I think. But might get up for the gap with GDX poundin' higher. RGLD meltup to 68.22
AG Sitting on a Breakout Point
Posted by cmunny on 11th of Feb 2014 at 12:56 pm
AG has has been in the group that has appears to have been shorted till the last 3 days. Now we're at a nice inflection point - the baton may pass to the likes of these now. Targets in the 12.8 range , hit $16 after the summer rally. AUY looks much the same. Just looks like the $$ is going to the bigger, lower volatiliy issues the last few days. PPP closer to $6.72 tgt. GLD looks like $127. These GDX stocks appear to be getting a lot of short-covering, just getting going over the mid-Jan highs, look higher.
SBGL breakout
Posted by cmunny on 11th of Feb 2014 at 02:49 pm
Hi div south african spinoff, led most of the fall, 52 week high. TAHO kickin' butt. At 10% a day, they're not buys anymore, but we're seeing some very healthy action in sector leadership and short covering among the dogs. Lots of sources of buying fuel still around.
PNP ... CDNX proxy ... here , short this one
Posted by cmunny on 11th of Feb 2014 at 03:06 pm
95% down, but not out. The jrs. are dead, long live the jrs.!
ANV Flag tgt 6.43 hasn't blown yet
Posted by cmunny on 11th of Feb 2014 at 02:14 pm
Remember, stocks like these went from $40 to $2 in the past 2 years. This rally is just undoing the summer ernins gapdown in this stock. Looks a little weak, but it had a nice run. This hit $6.55 premarket a few weeks ago.