Posted by Palladin on 11th of Jan 2010 at 11:32 am
GDX 15 and 60 min are forming a small bull flag that could pop a
little and then revert. STO and MACD look to be curling down.
I'm not sure I'd want to chase it and having difficulty in deciding
if I should start selling off some gold stocks?
Matt, Steve, anyone?
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GDX: bull flag?
Posted by dallassteve on 11th of Jan 2010 at 11:23 am
NG (from the watchlist) gapped up this morning, and I did not chase it. GDX and NG could be forming a bull flag. Is anyone buying at this point?
GDX maxpain
Posted by hillsyde on 11th of Jan 2010 at 11:33 am
Maybe but don't forget GDX might want to be slightly below $47 by the close on Friday................................
http://www.optionpain.com/MaxPain/Max-Pain.php
just watch the trendline on
Posted by matt on 11th of Jan 2010 at 11:36 am
just watch the trendline on the ratio on the 60 min chart and the divergence, etc
http://stockcharts.com/c-sc/sc?s=GDX&p=60&yr=0&mn=1&dy=23&i=p52542014532&a=179439424&r=4462
GDX 15 and 60 min
Posted by Palladin on 11th of Jan 2010 at 11:32 am
GDX 15 and 60 min are forming a small bull flag that could pop a little and then revert. STO and MACD look to be curling down. I'm not sure I'd want to chase it and having difficulty in deciding if I should start selling off some gold stocks?
Matt, Steve, anyone?