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Re: StockItOut post# 5098

Thursday, 08/10/2017 10:48:57 PM

Thursday, August 10, 2017 10:48:57 PM

Post# of 6140
You have to be able to watch a chart closely on that 5 minute stuff and be quick to pull the trigger on sell/stop loss/profit.
Looking at JDST daily chart, I didn't spend too much time on it, but I thought that it wasn't down too far with gold going up so high.



I think we are dealing with this pattern now on GDXJ

I've been watching the fib .786-.886 area for bounces, if you put your stop loss at the swing low, it is a really low risk play IMHO. Gold is at a tripple top right now, can go either way, so tread lightly LOL.

looks like gold might have hit an inverted H&S pattern