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luckylegs10
Feb 26, 2017 3:06 AM

02-25 GDX short term chart (by Got Goldies) Short

VanEck Gold Miners ETFArca

Description

Was talking about the GDX and how do you know where it knows where to stop going down and I got this.
Comments
luckylegs10
Here is the outcome so far...



luckylegs10
Sorry I had to get aggressive with the 'blind comment' only way to wake people up. If the red line don't hold I'd worry its going to retrace trend line down at $20.

Hi Louky!
LetsBeMillionaire
good analysis. Its almost there today. Hoping tomorrow it will touch 22.5 and then up from there. Will sure form right Inv shoulder.
louky
GG is right more than wrong when it comes to miners
BillBaehr
Head and shoulders pattern makes sense. It may not make it that far down.
luckylegs10
@BillBaehr, what we can agree on is it will have to test that red line.
BillBaehr
@luckylegs10, Has to? Who says it has to?
luckylegs10
@BillBaehr, Its heading that way are u blind?
BillBaehr
@luckylegs10, I am not blind. I agree that it is heading that way, but who says it has to go all the way to the line? It may turn up before then. What is the probability that it will go all the way to the line?
Peter101
@luckylegs10, Its trading that way are u blind? Are you always correct...? We are here to improve, sometimes you are right and sometimes you are dead wrong! That does not matter because nobody can tell, with 100% certainty, how the stock-price will develop. Everyone can make a prediction... you to...
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