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bought the dip here as the weekly is in a strong trend.
GLTA
TRENDTRADE2016
GOLD went bearish this week. This play should work out well for the rest of the week.
GLTA
trendtrade2016
as mentioned .43 would be a good top.
GLTA
TRENDTRADE2016
buying DUST!!
history says the market will go up towards the election buy gold after the election.
GLTA
trendtrade2016
Watch for .42 as possible buy area but the sector is now bearish.
GLTA
TRENDTRADE2016
Gold went bearish this week. Look for pull back to high 1200's going into election.
GLTA
TRENDTRADE2016
PULL BACK will significant here.
GLTA
TRENDTRADE2016
GOLD will sell off in the next 2 months. It will test the high 1200 range and then in the sept correction it may move back up. Sector went bearish this week.
GLTA
TRENDTRADE2016
Trying to break out intraday one more time.
GLTA
TRENDTRADE2016
Weekly trend break out,look for .43 next
GLTA
trendtrade2016
looks like .47 will be tested in the days ahead.SELLING PRESSURE TOO MUCH HERE. stopped out!!
GLTA
TRENDTRADE2016
Looks like gold stocks are not in play right now. Could be a month consolidation going in to the end of summer before we see gold prices move to the upside.
GLTA
trendtrade2016
PPS holding the weekly top band to as expected as the weekly averages set up for divergence in the days to come. TGD will be trading at 72c by the time earnings comes around and that will blast it above a dollar.
GLTA
trendtrade2016
Very strong hence the weekly trend. dip bought up fast and back up she goes.
GLTA
TRENDTRADE2016
buying dip plan worked well possible intraday bottom in.
GLTA
TRENDTRADE2016
This ticker in a strong weekly trend and possible break out after .369c
GLTA
TRENDTRADE2016
Fell through support..good time to buy this dip and hold for a long trade 1 to 2 weeks.
GLTA
trendtrade2016
30 MIN BANDS coming together then the 60 min is next.Then a move to break the .58 possibly by end of week. Should see over all market pull back soon.
GLAT
trendtrade2016
watch for 4.12 support
GLTA
TRENDTRADE2016
taking some off the table above the top band. ready to go into Intra day consolidation again.
GLTA
trendtrade2016
GOLD in a holding pattern, this play looks like a week long consolidation in the works.
GLTA
trendtrade2016
This play in a super weekly trend approaching a 5 year break out pattern.
GLTA
TRENDTRADE2016
10 day average vol is 1.38 million we are 7 times that today. Volume = sentiment there is a story underneath this volume.
GLTA
TRENDTRADE2016
The .54c seemed to hold and nice buying off the dip. Red to green now. Back to a .56 support that's where it should be from yesterdays buy.
GLTA
trendtrade2016
Is the next high from Jan 13th 2014. Breaks that it goes to 5.45 and breaks that it goes to 5.91
GLTA
TRENDtrade2016
INTRADAY consolidation done next upward move underway.
GLTA
trendtrade2016
This play appears to be heading towards a long term blue sky break out. Once we hit that 5.18 it could get very interesting to say the least.
GLTA
TRENDTRADE2016
This play now in a weekly trend and looks like 5.00 on the horizon
GLTA
trendtrade2016
This play has a very strong daily trend in tact any pull backs will be bought up. Buy the dips here during this consolidation phase.
GLTA
trendtrade2016
buying and holding a ticker without a solid trend will at times end up like this.
GLTA
trendtrade2016
The .58 break should happen in the next couple of days. Another day of churning should do it. just need the 30 min and 60 min to pinch. Big bidders @ the.56 support.
GLTA
trendtrader2016
super trend REN wants to break here.
GLTA
trendtrade2016
Trend still holding strong with new buyers getting ready for next leg
GLTA
trendtrade2016
as mentioned no trend in tact hence the sell off. Could not build a base.
GLTA
trentrade2016
This play will be a bit sluggish in this area of .58 as it makes it way to .70 this is where the stock will travel at a faster pace. Large volume off the top suggest a strong sentiment for this god play.
GLTA
trendtrade2016
This ticker exhibits a pitch perfect weekly breakout pattern looking to test the top average next week. The volume is there so traders are jumping in on the sentiment here. Keep in mind the play is not quite ready to be called a super long trend due to the weekly averages not quite in divergence. Once we get to the top of this trend she will pullback to let averages settle in and diverge. They call it the weekly for a reason. The monthly will follow in a month once the weekly really builds it's foundation. There is no reason however not to hold this long for the next 6 months if you are okay with the pullbacks. Gold is bullish also on the weekly front. We have not seen a bullish sign on gold since 2009 and this bullish turn backs the fear in the global sentiment. Gold is headed back to 2000.00 in the next 2 years. I know a lot of traders that did very poorly last year except for the GOLD players and they are holding long. Back on the TA note 8 day is crossing the 62 day which means the buying pressure is moving the 8 day fast. The .60 trigger takes to .82 THEN .97 on this run then the pull back reset and move to 1.29 in a month. This will give the play lots of time for the monthly bands to pinch. The weekly accumulation indicators are all pointing to a positive sentiment with TGD.
GLTA
TRENDTRADE2016
as mentions in last weeks post, i said this would pullback to .018 and close at .02. This was based on TA and the many Intra day charting patterns. When trading a story apposed to TA its easy to get caught buying and holding a loss very quickly and some traders would have got caught last week. First off the trend is falling short. This is normal with a significant run and when emotion comer in to play. Now the the stock is in a sideways trend and last weeks performance solidified this pattern. Keep in mind last weeks move for 017 to .027 was a technical bounce off the top from the previous week, pulling back almost 50% which is a day trading rule,buy the 50% haircut and sell the top which was very clear as we saw the large volume day come on the top of that bounce on Thursday and drawing in sentiment chasers now sitting at a loss. As we saw when the bid was @025 sellers losing fate wanted out. The MM's were playing with people. In order for trend to be in tack there needs to be certain criteria and LOTE lacks this at this point. For a play to maintain trend the PPS must in fact ride the top band, not above of below and last week proved the top band was used to trigger sellers buying the bounce. There's are lots of TA indicators turning to a bearish sign. Trading story is tricky when all is speculation and last week proved the sentiment is losing interest hence the lack of volume, sentiment brings volume so its clear is losing ground which is why this stock is ready to pull back. Also keep in mind a lot of story board players have left the trade as they stopped the chat as of Thursday and some are writing as much as possible to keep the stock on certain boards like breakout boards to attract attention. Newbie Story boards stock buyers need to see this to give them confidence as this is the only way they know how to trade as the more experienced traders sell into the chatter. Watch for a support of .018 to give out into next week. Remember traders will create support to create illusion but the truth is MM NITE was hiding his ask, this is more profound then the fake bid support. After considerable selling its pretty safe for a trader to come in with a larger bid to to get peeps to yell,"bid support in" this is very common in the OTC. So to wrap it up without transparency regarding story, LOTE will drift back down as MM's look for buyers holding the price up before the decline.
GLTA
trendtrader2106
This gold play in a solid weekly trend break out. Huge accumulation all the way around. Look for a .97c target next week.
GLTA
trendtrade2016