lemonsandshade
Short

GORO - look for retracement to $2.60 level before next impulse

AMEX:GORO   GOLD RESOURCE CORPORATION
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I like the price action on this chart. Reminds me of Bitcoin chart. ABC correction underway, and if price hits $2.60 area and we see green volume rushing in then that would be a good sign we are on the next wave up (Wave 3).
"GORO" --- Sharing my trading strategy at this time 5-2-2019
Total shares purchased at this time = 3,250 average cost = $4.27
Open orders to buy listed below.
$3.52 = 125 shares
$3.37 = 125 shares
Below $3.08 major buy zone (My opinion)
$3.08 = 300 Shares
$2.82 = 300 shares
$2.77 = 334 shares
$2.50 = 372 shares
$2.20 = 424 shares
Will add more if needed.
This trading strategy can change at anytime.
Open orders listed above may or may not get filled. --- Only time will tell.
This trading strategy could be a total disaster. --- Trade at your own risk.

"America" --- put some "Spunk" in your "Junk" --- "Donald Trump" -- "2020"
Democratic Socialism in the "U.S.A." --- "SUCKS"
"One Eye Jim"
+1 Reply
lemonsandshade jeffreyjim
@jeffreyjim, Nice!
Reply
jeffreyjim lemonsandshade
@lemonsandshade, --- Thanks
If your Wave count "Is Not" correct (My wave count also.) I will be blown away.
Minimum "C" Wave Up. --- Should be 5 Waves Up.

"Democratic Socialism" --- "Will Not" work in the "U.S.A."
"One Eye Jim"
Reply
jeffreyjim lemonsandshade
@lemonsandshade, Open orders to buy = Times two My account --- My Wife account.
Total shares owned at this time is correct. --- 50-50 split each account = 1,625 shares.
Reply
"Very Nice Post" --- Thanks
"GORO" --- Starting date = January 20, 2016 low at $1.14 to date
This is one of the best "Elliott Wave Patterns" --- I have ever seen
From the 1-20-2016 low at $1.14 to the September 30, 2016 high at $8.22
Is a very clear 5 Waves up --- Monthly --- Weekly --- Daily Chart
Wave 1 up or Wave A up ended on 9-30-2016
Wave 2 down or Wave B down started on 9-30-2016
Started buying 11-19-2018 = 260 shares --- 11-18-2018 = 284 shares --- 1-8-2019 = 456 shares = 1,000 shares total
Open orders to buy listed below (may or may not get filled)
$3.61 -- $3.52 -- $3.37 -- $3.08 -- $2.85 -- $2.52 -- $2.20
This "Is Not" a buy or sell recommendation --- For information only

Let's See What Happens
"One Eye Jim"
+1 Reply
lemonsandshade jeffreyjim
@jeffreyjim, great info :)
Reply
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