InvestorsHub Logo
Replies to #134 on Golden Minerals

inapdave

07/11/11 6:51 PM

#135 RE: inapdave #134

AUMN is now dangerously close to breaking down. One would think that with gold acting so well that silver and AUMN would turn back up. We shall see.

inapdave

07/14/11 9:20 PM

#136 RE: inapdave #134

It seems like AUMN wants to get to the very point of the apex before making a move. That would be two weeks max. Hopefully it will break out soon and back-test the 200 day ($21.92).

inapdave

07/18/11 7:10 PM

#138 RE: inapdave #134

Another day of AUMN testing our patience. Every silver stock that I follow is up significantly over the past two weeks, while AUMN is stuck in neutral.

The good news is that the downtrend line on the chart that I posted has moved down to @ $19.30, so a breakout might occur very soon. AUMN's chart looks so ready to make a major upward move. The waiting is the hardest part.

inapdave

07/27/11 11:15 AM

#147 RE: inapdave #134

Uptrend broken and triangle resolved to the down side. Looks like $14-$15 is possible.