Friday, December 27, 2019 10:51:54 AM
Morning,
I'm tracking gold and gold miner stocks for the new year. I'm slowly loading up on AUY April $4 and $6 calls since yesterday at ~.20 and ~.05 respectively.
See below, price has popped up over 3 year resistance at $3.80. If you look at the volume profile on the left it has entered a Kirby, the area where there is almost no overhead resistance and it has a clear shot to $6 highs from 4 years ago (seen on second chart).
I'm tracking gold and gold miner stocks for the new year. I'm slowly loading up on AUY April $4 and $6 calls since yesterday at ~.20 and ~.05 respectively.
See below, price has popped up over 3 year resistance at $3.80. If you look at the volume profile on the left it has entered a Kirby, the area where there is almost no overhead resistance and it has a clear shot to $6 highs from 4 years ago (seen on second chart).
Join the InvestorsHub Community
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
