GDX 2-hour
GDX is showing a cup and handle formation, with improved OBV and accumulation pattern. The ultimate oscillator is over fifty. Looks constructive as they say in TA.
GDX is showing a cup and handle formation, with improved OBV and accumulation pattern. The ultimate oscillator is over fifty. Looks constructive as they say in TA.
yep, cup n handle. Max gains after breakout is 32%.
https://www.google.nl/search?q=cup+and+handle+chart+formation&client=firefox-b&source=lnms&tbm=isch&sa=X&ved=0ahUKEwiny4TG0vbPAhVDLhoKHYR3Cp4Q_AUICCgB&biw=1024&bih=489#imgrc=bCASKaJlWOSFiM%3A
GDXJ took out the PSAR on the DAILY. Would be nice to see GDXJ close above te EMA(34) @ 42.18.
Will be looking for 42.18 tomorrow, Nightingale.