Earnings out with CC at 11:30am... Australia is rallying hard with gold miners and gold is up big overnight. Earnings were decent but nothing crazy. Hoping for Greek mine updates this morning and we should be off the the races again
bollinger band gave me a buy signal....
upper band 8.32
middle 8.05
lower band 7.78
look at those for pivots or gaining/losing strength
goodluck !!!!!
Trade closed manually
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turned bearish, closed some positions yesterday and will look to exit all trades on ego. new chart posted
@vtt999, i agree with you, i made a new chart this morning! i am out of the position!
vtt999
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gold went from 12xx to 14xx and EGO adjusted earnings per share is still -0.01 - no different than in 2018; this stock is worthless; I don't understand the reasoning for pumping from $4 to $8 other than pump to dump scenario
JackOfAllTrades0
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@vtt999, you should go short then! i hope you profit! goodluck!
vtt999
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@JackOfAllTrades0, i was only commenting because you may give some insight on why the stock should go long; the only thing in the horizon is Greece; but that won't have any impact until 2020. So for the next quarter, what is the reasoning for you going long? Betting gold will break 1500?
loc0trad3r
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@vtt999, you should have a look where EG has its operations to understand why all the fuzz