GLD enters air pocket toward 161 ext. tgt. , GDXJ drafting

    Posted by cmunny on 24th of Feb 2014 at 11:31 am

    Thumb on the bid for most of the GDXJ , which can't get through the wedge patterns just yet and now diverging with the shiny yellow eternal golden immutable metal.  Took almost 3 weeks for stocks to get through the last consolidation, and we're only about 6 days into this one.   Still above the 9 dma.  Ultrabullish patterns in AEM and a lot of stocks, but this flag area might get rinsed one more time.  Would expect a gap out when these do move.  OGC leading today.  AUY, AG, SAND, ANV, look good.

    ABX, Irresistible Force, Meets Imovable Object

    Posted by cmunny on 25th of Feb 2014 at 09:26 am

    Irresistible Force about to win.  Melt-up flag, new highs in the move,  going to $23 shortly.   ASM giving another entry. KOR looking like 2.32  ... much of the better action in the Venture exchange.  PNP.to can capture that.

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