Many gold stocks were overbought so looking at the drop in gold right now we should get a nice correction in some of these names. This is exactly what I was wanting to see. I will take a look at them on wed and see what happens.
My long-term Gold I have; was able to flip a few shares on Friday; but still holding; looking for a great opportunity to re-buy those shares at lower prices. I remain bullish on #GOLD for 2016 -
Note 1: Please alert the board of any stock crossing the 20,50,20dma’s on daily or weekly chart.
(link back for more charts)
Note 2: Please do an 8x34 chart on the stock; the 8x34 cross is the initial reversal sign of most stocks. Use the link below, just replace the ticker symbol. Post on the board when a stock crosses the 8DMA or the 34DMA and when the 8x34 cross is about to occur.
check to see if your stock has 8x34 cross in the making, look at Full Sto, and CMF indicators. just replace the ticker with your TICKER