timwest
Long

GOLD - Randgold Resources - Daily - Overbought but bullish

NASDAQ:GOLD   RANDGOLD RES LTD
683 7 9
Back and forth pattern of overbought readings leading to a continuation move or leading to a top.

January = Continuation. April = Top.
June = Continuation. November = Top.
January = ______.

The "reset" means the market made it to "oversold" before another signal can set up.

Tim 2:24PM EST 1/5/2015
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timwest PRO
2 years ago
Here's what we could see -
snapshot
+1 Reply
Smarttrade1st timwest
2 years ago
Time to short it?
Reply
timwest PRO Smarttrade1st
2 years ago
Funny question - no - I'm bullish - looking for much higher prices
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timwest PRO Smarttrade1st
2 years ago
The pattern seems to be alternating between top and continuation.
Reply
timwest PRO
2 years ago
Going well so far...
Reply
timwest PRO
2 years ago
One of my better trade recommendations...
+1 Reply
IvanLabrie PRO timwest
2 years ago
Beautiful, can't go wrong with your methodology. Wise trader gentlemen, listen to what this man says.
+1 Reply
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