Posted by praetor54 on 19th of Jun 2019 at 06:38 pm
I wanted to know if GDX could have more upside from here for a
swing trade. I went back to the beginning of the ETF which
was Jul 2007 and this is what I came up with:
Highest RSI 14 Sep 2012 at 82.49 - Today 77.87
Highest MACD(12,26,9) Sept 2012 at 2.33 - Average Peaks 1.21
- Today .696
Highest BB (20,2.0) Oct 2008 82.6 (after a steep decline) -
Average peak 30.00 - Today 21.85
Highest PMO (35,20,10) Dec,24 2008 was the snap back rally
after the steep decline ended Oct 2008 - Average peak 5.0 - Today
2.89
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I wanted to know if
Posted by praetor54 on 19th of Jun 2019 at 06:38 pm
I wanted to know if GDX could have more upside from here for a swing trade. I went back to the beginning of the ETF which was Jul 2007 and this is what I came up with:
Highest RSI 14 Sep 2012 at 82.49 - Today 77.87
Highest MACD(12,26,9) Sept 2012 at 2.33 - Average Peaks 1.21 - Today .696
Highest BB (20,2.0) Oct 2008 82.6 (after a steep decline) - Average peak 30.00 - Today 21.85
Highest PMO (35,20,10) Dec,24 2008 was the snap back rally after the steep decline ended Oct 2008 - Average peak 5.0 - Today 2.89