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pantheo
May 2, 2014 9:03 AM

RGLD: Thing of beauty 

Royal Gold, Inc.NASDAQ

Description

Some charts are broken, others are difficult to understand, some are messy and others are beautiful.

This one is beautiful. Respects trend lines, fibs, divergences, or anything else that traders use I guess to place their bets.

For me it's just polarity perfection. The way support becomes demand and vice versa.

So far price is following the path of a bearish bat. At the time maybe just clearing stops at the unorthodox Adam & Eve double bottom peak.

Cheers all the best

Panos
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