The projected target from H&S Breakdown - possible bottom
SBM has broken out of it downtrend line with High Volume indicating a possible change in trend. There is also MACD Bullish Divergence indicating a change in momentum. This shows that the risk to reward is on the upside. My plan is to target the initial resistance level of $2.05 (potential 10% gain) with a tight stop below the recent low. Please note these are my...
After the recent sell-off, we can see that SBM bounced strongly off the 200MA. Couple this with gold entering a multi-year bull market and $3 is looking cheap.
Is ST BARBARA LIMITED showing a double bottom? It could be a good buying opportunity next week if Gold Prices continues to go higher.
Significant divergence, which is good enough for me. Last of the weak hands out by now...surely FD holding