KL gold stock... I've posted this a couple of times recently for
the IHS pattern, which I still like. Was monitoring for an
entry and almost bought yesterday but noticed the rising wedge
(better seen on the 30min) that is now playing out.
Longer-term, still looks good. Wedge target is around
$39.95 which roughly corresponds to the 200MA, so a move down to
that or the middle BB would get me interested in a buy.
(Edit: had wrong price target. fixed now).
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KL gold stock... I've posted
Posted by rjdst on 16th of Jul 2021 at 02:56 pm
KL gold stock... I've posted this a couple of times recently for the IHS pattern, which I still like. Was monitoring for an entry and almost bought yesterday but noticed the rising wedge (better seen on the 30min) that is now playing out. Longer-term, still looks good. Wedge target is around $39.95 which roughly corresponds to the 200MA, so a move down to that or the middle BB would get me interested in a buy. (Edit: had wrong price target. fixed now).