Targets are important, but the timing of getting there is really not part of my ability other than short (days - weeks), medium (weeks - months), or long term (months and months). All my targets up to .10 are short to medium term targets. Beyond that, speculative ferver can get things moving in a pretty exciting way.
Only one caveat to today's strength, the daily ascending triangle that I talked about is broken out, obviously, but it is a little bit early in the formation to break out. Not really a red flag, but something to keep in mind in case there is any selling to reap profits. It would not be a disaster to see this come back into the formation - it happens frequently. I am not saying I see anything shorter term that would foretell that action, but I like to play a bit defensive in the light of such great action.
I have actually added a small amount today. Gold is a huge driving force in GSPG movement, I would not underestimate its influence. Our huge margins of future production and any current valuation of reserves is directly tied to gold spot price. The beauty of this company is their reserves are totally unhedged. Gold price is what makes this stock a safer haven in these market environments.
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