lowtrade

[lowtrade]

Good advice for a day trade on good news.

Of the Junior miners on the American exchange I'd be strong watching Lake Shore Gold (LSG) for flag top resistance break, on any positive action in the gold sector.

Junior miners
http://www.finviz.com/screener.ashx?v=211&f=exch_amex,ind_gold

TA wise there's a slight negative in entry/exit. With Conflict accumulation in the support indicators and strong move coming with ADX below 15. Trying to bounce @ 50% FIBs calling for previous high is positive, but larger gap below on the negative side. Overall could go either way but when it goes it should be a fairly large move. Had a good Q report earlier, late March. Thus the short squeeze gapping candle run. Looking for true value now. Which IMO could be above 90 cent, over all, top resistance. Seen in March's gold reverse heads & shoulders chart pop to 1400.