really appreciate the bullish perspective. gives support to my
decision to add some short dec puts for several miners yesterday.
so lets keep their rally going into year end!
With that said, take the flag pole move into the flag and use a
.618 and 1X of that move for possible targets (can do the same on
the first leg up as well for guides). Another target would be
the distance of the triangle to upside. Again, I don't get bogged
down in targets as much as objective entries. Then I simply adjust
to the candles.
It may stay range bound for awhile longer...then it may gap.
Keep stops in place if taking some early.
GDX Views
Posted by steve on 25th of Nov 2014 at 01:08 pm
GDX - Chart Link
GDX - Chart Link
GDX - Chart Link
Coiling in what is currently a bull flag..
a view to agree with: GDX
Posted by hazbin1 on 25th of Nov 2014 at 02:31 pm
really appreciate the bullish perspective. gives support to my decision to add some short dec puts for several miners yesterday. so lets keep their rally going into year end!
GDX tagged some trendline resistance
Posted by steve on 25th of Nov 2014 at 03:15 pm
GDX tagged some trendline resistance where it paused thus far..
Hey steve, considering the bull
Posted by jreeves197 on 25th of Nov 2014 at 01:31 pm
Hey steve, considering the bull flag plays out. Do you have a target area for the move?
jreeves...first simply looking for new
Posted by steve on 25th of Nov 2014 at 01:38 pm
jreeves...first simply looking for new highs.
With that said, take the flag pole move into the flag and use a .618 and 1X of that move for possible targets (can do the same on the first leg up as well for guides). Another target would be the distance of the triangle to upside. Again, I don't get bogged down in targets as much as objective entries. Then I simply adjust to the candles.
It may stay range bound for awhile longer...then it may gap. Keep stops in place if taking some early.
similar on jnug.... waiting on
Posted by jreeves197 on 25th of Nov 2014 at 01:12 pm
similar on jnug.... waiting on a pop