There are 3 reasons why I chose YRI Stock :
I am looking forward to a downward movement in USDCAD . (More explanation on Related Ideas.)
I also follow up the stocks related to the precious metal sector traded in the S&P 500 Index .
I think that precious metals are discounted according to the World indices.This is the most important reason. (More...
This is a great example of the wyckoff accumulation, as I've also noted on the 1hr $SHOP chart.
Considering GOLD is heading back to $1600, I think this is a good play with stops below 4.59.
Target #1 = $5.53 (Gap fill)
Stop = $4.64
Current = $4.93
R/R of 2:1. Not ideal, but with the...
Consolidation and built up the momentum to hopefully ready to go. Held $4.67 resistance and should take off from here.
Pay attention to $5.11 breakout and stay above at closing. this will take off to $7.50 with help of gold price and some encouraging earning report.
Layered in 1000 at $4.80, pull the trigger a little too early, but hopefully all worth it in the...