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Back in since yesterday. Gold touched the 1180 en is in a reversal mode.
These ANV prices are a gift. Luckily I waited after the 16% drop because my fingers were already very itchy around 3$ :)
Watching closely...
buys are done...probably gonna fall back now...gold heading lower and lower.
Daily chart finally turning bullish again.
I think she'll try to reach the mid bollinger/ma200 over the next hours/days...push through means high 3's again. I'm back in ;)
I think a big group bought in seeing the buy volume, the move makes no sense otherwise. Gold continues its decline.
I don't think this spike will sustain and will drop back to the 30's fast. Gold touched 1233 already in the Asian sessions. Heading to my 1180 target...kinda exciting though. ANV is for sure on fire!
To answer your PM, I think it will see 1180 before 1400.
Gold chart is very bearish and a triple bottom is in the making. More often than not one sees usually a spike up after a triple bottom.
On the other hand, the triangle pennant is broken to the downside and usually, after a pennant, the trend before the pennant continues (this trend was downwards).
In other words: I don't know. But so far I'm bearish on gold short term. When or IF 1180 hits, I do foresee an upwards move which might go to 1400.
Just my take on it though. Purely based on the chart. Other chartists have other views I noticed. But the latest months I do have been more right then wrong with gold related matters. I hope it stays like this :)
When it hits 3 I'll probably push the buy button again as I don't go for the ultimate top or bottom (you might miss it and be left out). 3 always has been a great entry point. Had several 30% runs from low 3's in the last year with ANV.
I'm really focused on gold though, it might go for a triple bottom at 1180 and then ANV will go test 2.60's again. When that happens I go all in ;)
Don't be surprised if this sees 2's again. I've been analyzing the gold chart and anv chart and both say to me: Wait!
All indicators that matter pointing down, both trading in lower bollinger area, searching for a new price to stabilize.
Weekly chart of both looks terrible.
Yes, @ 2.95$ I might take a gamble, since this has shown very strong support.
It is...better to watch where it stabilizes instead of gambling on support lines. This can fall really hard now as the chart is in ultra bearish mode.
I'm not short, I'm just waiting to buy. I sold months ago.
Well, it's pretty darn close already Zephadiah ;)
It needs to break through the cloud to speak of a reversal. That key is around 0.018 or the MA200, which is also the top of the descending cloud.
I second this. I'm still careful with this ticker as long as they mainly promote the stock and not the product. If they care about investors they would audit financials and contracts instead of paying for promotional interviews. That's why this remains below most investors their radar.
Serious investors care about fundamentals. With MRIB it's only guessing whether it's true or not. If they can prove the story right, this will easily go to 0.05$ again and beyond.
MRIB has been good to me for trading though. In again with average of 0.0078...Let's see...
Target achieved. Buying time around the corner.
I don't have the impression it's going up... I don't hope either.
I think the bears will have some more fun before the bulls.
Chart has no indication to buy yet, except if you like pure gamble on the weekly ma50.
I'm lowering my target to 3.20$.
Will probably be the same as yesterday...fall second half of the day.
My buying target was the ma200, but seeing it went right through it I'm gonna wait for low 3's. Not having much confidence in the weekly ma50. Things could get ugly here.
Watching closely.
at the moment it's confirmed ;)
It's just floating on the goldprice. Gold went down heavy yesterday.
Plus ANV needed a correction after the many green days, ANV RSI touched almost 70 I noticed & FSTO indicator was at maximum.
3.45$, ma50 (50 days moving average)
Won't be soon. Gold falling. Broke now an important support (1270)
If ANV trades 'normally', shorts will feast once again and this will fall back.
Kinda anticipated this by selling a batch.
This involves every stock trade or transaction between the buyer and seller. MRIB is just a ticker and has nothing to do with your issue.
If you like to change this, go ahead... lol.
of course, otherwise I sold everything :)
possibly ma50, around 3.46$
Just trading a part of my position and taking profits, in case I'm wrong I still benefit ;)
It's just how they are named. For my part they could be named POS and NEG. You are taking it too literally. It speaks for itself that a trade includes a buyer and seller otherwise there can't be a trade.
It's not erroneously. It is as simple as it gets.
If you look at that chart you see that each trade at the ask price is listed as a buy. Each trade at the bid price is listed as a sell.
The indicator simply shows the total buy (positive) vs sell (negative) trades.
How you interpret this fact is up to you.
If I buy an apple listed at the ask price in the shop, It's a positive trade for the shop.
If I bid lower for the apple than the ask price & the shop owner agrees, it's a negative trade for the shop (in this case because he made less profit).
of course, that's why it's called trading :)
If the trade happened @ ask price, it shows as a buy.
If the trade happened @ bid price, it shows as a sell.
no, simply a sell because I waited to get filled @ bid price.
If you would buy at the ask price it will list as a buy.
yup, bought a new badge here @ ,008 which also showed as sell.
Sold a batch at 3.66$
Looking for re entry later on. FSTO topped out, maybe a bit more, but I predict a fall back to ma50. This ran hard latest days.
With the moves from the last days, MA200 resistance could be broken if Gold goes up steadily. Though I expect again a slight pullback at the 90's...on the weekly ma50 resistance is at 3.98.
4$ remains a difficult key resistance level to be broken.
Yup, not complaining either. No short shares available anymore? Rumours spreading? Something is definitely up here...such a move out of the blue with gold in a short term downtrend.
ANV surprises me a lot lately, gold down and now ANV up with force...Goldman Sachs increased position here, added 214k shares (June 30th). Weren't these the most bearish in Gold? They seem to change direction as they also initiated position in other gold miners.
1.30$ target. FREE will hit ma200 and then lose steam again. FREE never went above the ma200 in the last 2 years...and if she does...a new era for FREE would be born.