Sunday, January 20, 2013 9:37:35 AM
Updated GDXJ analysis - it did have more downside....though it popped up for a few days before continuing down, it actually overshot the BZ by half a buck or so.
Price is now at resistance for the third time in 30 days - just about where it was in the post this one is replying to when this level served as short term support.
If GDXJ has bottomed ~$19 then the new BZ target can be drawn. The updating Finviz chart below mine looks like it has printed a sloppy inverse H&S.
Price is now at resistance for the third time in 30 days - just about where it was in the post this one is replying to when this level served as short term support.
If GDXJ has bottomed ~$19 then the new BZ target can be drawn. The updating Finviz chart below mine looks like it has printed a sloppy inverse H&S.
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