wozney

LONG - Barrick Gold - TSX

Long
wozney Updated   
TSX:ABX   BARRICK GOLD CORPORATION
Based on current support and resistance over the last couple months and other indicators, we should see another uptrend to around $35 to $40.

I would set a stop loss in case the trend does reverse but from the looks of it, it will be uptrend.
Comment:
Trade still looks good. Still has not hit stop loss and seeing a divergence and in over sold territory
Comment:
LOL.. Just realized when I looked at the chart, support and resistance is on the wrong line. next time I should pay attention more.
Comment:
STOCK GODS HAVE MY BACK TODAY.

MY STOP LOSS DID NOT HIT SINCE RBC HAD TROUBLES THE FIRST HOUR OF TRADING, JUST GOT BACK ONLINE AND IT DID NOT SELL.

THIS SHOULD BE "CLOSED: STOPPED REACHED" BUT I LUCKED OUT, SO I AM GOING TO LEAVE IT OPEN.
Comment:
STOP REACHED WITH $200 LOSS. THIS IS WHY WE HAVE STOP LOSS, IT PROTECTS YOU AND LOWERS YOUR RISK.

HOPEFULLY IT RECOVERS.

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