Jakk Daws
Long

$GG - 1.27 Fib bounce and trend bounce

BATS:GG   GOLDCORP INC
123 1 0
At current levels I could see buying $GG for a snap back to prev low retest and top of trend line for about a 10% move. Buying at or close to the low's here gives you a nice a nice R/R ratio.

NOTE - Goldcorp bounced/consolidated at almost each fib level previously ("1", "2", "3", ...) and at the lows I believe it would have a book value of less than 1.

NOTE 2 - earning coming out soon.
IMO - still some room to move, but I'd step out 1/2 or 1/3 here for sure and wait to get back in later. Currently at $30.50. 11% gain
Reply
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
HE עברית
Home Stock Screener Forex Screener Crypto Screener 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