DNoah
Long

Updated: TimWest ABX Chart showing Low Risk CCI Entry

NYSE:ABX   BARRICK GOLD CORP
TimWest "Buy pullbacks to "0" in CCI (21-day) and then exit on the next move to +100 and +150. I doubt it will get to +200 again right away unless we have a move in VIX             to 18-20."

With Fed Mtg             around the corner and Vix             climbing and GLD             climbing. Could be solid entry point
timwest PRO
2 years ago
Looks good! "I approve this message"
+1 Reply
Looks like your chart
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timwest PRO QuantitativeExhaustion
2 years ago
The "Make it Mine" button really works - I was scrolling through looking at everyone's charts and I thought "hmmm" that looks like a chart I made... and it was. Thanks JR :-)
+1 Reply
snapshot


I'm going to wait on that one. We still have a bit further to get to that support line, and MCADL just started turning giving us a divergent signal vs price.
+1 Reply
timwest PRO QuantitativeExhaustion
2 years ago
The way I look at it JR - life rarely gives you the exact same trade setup again - so the chance for a third in a row here would be extremely rare. If anything, it will go under the lows to shake out some longs. Who knows. I'll spread my entry around on this long here - some today, some tomorrow, some next week.
+1 Reply
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