GDX daily - very bullish - 12/5/2015

43 4 2
It had 3 significant breakouts since 11/17 low. Given the upward ticking 10 day MA, it is clearly in an short term uptrend. So far I am still swing trade it, instead of holding it as a long term investment.
Well by RSI it is already pretty far from the breakout and last time it went this far, it went back to the original price.
True. Depending on trading timeframe (mine like days to weeks) though. I sell when I see convincing trend change. So far on daily chart no evident for me to sell yet.
do you have a weekly viewpoint? thanks for posting always appreciate your thoughts.
CosmicDust d1gopher57
Weekly is bearish. If I spin a little, I would say it is neutral. Note the 40 week MA is still sharply pointing to the down size. Good news is both RSI and MACD are diverging. So for long term investing I would wait a bit.

EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out