PM sector leadership looking very bullish

    HL

    Posted by hatefalseweight on 22nd of Jan 2015 at 11:01 am

    Targets remain the same.  High pennants and even unconstrained breakouts.  In the oodel port,  SMF, HL, OCG, GUY.to , HL all continuing higher, SMF heavy buying on the dip yesterday.  LSG, RIOM.  GFI and NG powerful pennant patterns, they took a few days off as the pump and dump this week focused on GDX stocks moreso than the juniors.  I raised GDXJ puts to May, 28 strike price, very comfortable holding these stocks for continuation move or selling monthly put spreads on the dip.   GDX, GDXJ , 28 and 32% up from Christmas eve lows.  Scans are : 2nd from right, pct gain from 11/5 sector lows ; far right , pct gains from Christmas eve rally.

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