GDX has a break in symmetry and three red candles
sorry, but this link is too big for a picture, have to scroll down a bit to get the whole picture
https://stockcharts.com/h-sc/ui?s=GDX&p=D&yr=0&mn=7&dy=15&id=p84927846813&a=299281167&listNum=61
sorry, but this link is too big for a picture, have to scroll down a bit to get the whole picture
https://stockcharts.com/h-sc/ui?s=GDX&p=D&yr=0&mn=7&dy=15&id=p84927846813&a=299281167&listNum=61
That’s enough to make me hurl.
Some of these gold/silver stock charts are heart attack bad. SAND is a good example.
I’ve been repeating the mantra “Get right, sit tight” for three months. Even repeated it this morning, and again this afternoon. But the charts…the charts…are getting damn ugly. Sitting tight is costing me a steep price. Fortunately, I bought those DUST calls to save my bacon – for today.
Getting perilously close to throwing in the towel, once again. As always, collapse is far deeper and faster than going up. Sigh. No wonder so few make money in precious metals.
Been able to daytrade JDST to stem the bleeding…but an overnight gap is impossible to dodge… was in early so still a profitable trade IF SOLD…thank goodness I don’t live in the Bahamas…
Starr, thank you for posting this excellent chart