"from false moves the violent ones"

Jun 13, 2014

the gold miners have been wearing out a lot of investors over the last couple of months, but to me the chart still looks to be in a bottoming process. in the shorter term, it needs to break above 24.8 with authority in order to confirm the bullish thesis. Since a pretty tight stop can be fitted below the lows 22, i will put in an entry order on a touch on the lower parallel. The stop will be moved up to break even when price gets near 24.8.