Please don't take anything I say seriously or as financial advice. That being said, let me get into a few key points I want to make. Kirkland looking at the current bullish run and the previous negative correlation, I am predicting with the current buy ratings that one should do a short at $47.50 to mitigate the most risk and can reinvest later on or in higher growth stocks, as I am worried it may start meeting a resistance curve.
Agree. When KL starts moving..it moves..but definitely not looking good as of late. Of course gold in general is struggling
gamer456148
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@lauralea, Yeah it took until May 8th for it to hit $44.23. It didn't hit that $45 threshold and rally, so false flag. Infact, the growth was only I believe around 0.09% between than and May 8th. People who held it seen bearish returns the past month. It did meet the resistance curve before being able to reach that $45 threshold, so I was more than generous to them w/ this analysis.
lauralea
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@gamer456148, I appreciate it as not many cover this one
Laura