Terl

LMC approaching first sell off

TSX:LMC   None
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1
Note to self. We kissed the 1.618 sooner than expected. Expect a retest of 1.618 which should be followed by a mini sell-off. Then heading to the very big first sell-off area. Better dump the stock there and buy lower, as wave 2 usually retrace 50% to 62% of wave one. Then buy the dip at 38%/50% depending.
Trade active: Long since 2,70 TP 3,67
Comment: I think TP could be reached at the same time gold reaches 1375. Then everything will pullback.

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