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GDX ... on the weekly, I actually find it nicely positioned longer term for a run ...I like that consolidation... maybe another dip in the mid 26 ?
The measured move on the 60 min chart comes in at about 26, I'm a short term options trader so a 2 point plus move is not for me.
Plus with $GOLD up today over 9.00 it doesn't bode well for PM stocks, I'll wait this one out.
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GDX ... on the weekly,
GDX ugly looking chart http://schrts.co/ciQhYNQs
Posted by mla127 on 17th of Jan 2020 at 04:07 pm
GDX ... on the weekly, I actually find it nicely positioned longer term for a run ...I like that consolidation... maybe another dip in the mid 26 ?
The measured move on the
Posted by amcap on 17th of Jan 2020 at 04:16 pm
The measured move on the 60 min chart comes in at about 26, I'm a short term options trader so a 2 point plus move is not for me.
Plus with $GOLD up today over 9.00 it doesn't bode well for PM stocks, I'll wait this one out.