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SimplyShowMeTheMoney
May 25, 2022 7:36 PM

$EQX gold setup 👁‍🗨 Long

AMEX:EQX1W
Equinox Gold Corp.Arca

Description

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*This is not financial advice, so trade at your own risks*

*My team digs deep and finds stocks that are expected to perform well based off multiple confluences*

*Experienced traders understand the uphill battle in timing the market, so instead my team focuses mainly on risk management


My team entered gold mining company Equinox Gold Corp EQX today at $5.75 per share. Our take profit is $9.50. We also have a stop less set at $5.15

OUR ENTRY: $5.75
FIRST TAKE PROFIT: $9.50
STOP LOSS: $5.15


If you want to see more, please like and follow us @SimplyShowMeTheMoney

Comment

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BABA, EQX, and MIRM are my teams only holdings as of 5/31/22

Comment

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New stop loss at $5.55 to cushion the potential blow.

Comment

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Moving stop loss up to $5.65. Why is EQX stalling at $5.88? Does it want to target $4.62? This could absolutely happen. My team has both a crypto related stock and a gold related stock, both with stop-losses that will allow us to profit one way or the other.

Comment

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Still holding.

Comment

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2nd entry at $5.71

Trade closed manually

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Exiting at $5.49

Comment

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Getting ready to jump if gold makes a move.
Chart PatternsFundamental AnalysisBeyond Technical AnalysisGoldXAUUSDCommoditiesOilGASBIDENfedspowelcurrency
Comments
feastorflounder
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Stopped out?
SimplyShowMeTheMoney
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@feastorflounder, still holding.
feastorflounder
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Okay. I moved mine up to the $5.65 got stopped out
SimplyShowMeTheMoney
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@feastorflounder, we apologize. We get alerted whenever a holding touches a stop-loss and we will do some investigating and decide whether or not to continue holding or to pull-out. We normally announce when we have an automatic-stop loss set..for much riskier assets that can fall and continue falling.
feastorflounder
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@SimplyShowMeTheMoney no need to apologize. Your analysis and ideas have helped me out so much in the past and continue to do so. Thank you for what you do, helping me become a much better and more successful trader.
ezwass
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@SimplyShowMeTheMoney still holding?
SimplyShowMeTheMoney
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@ezwass, still holding.
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