Looking for GDXJ to break above 60 for a potential bull breakout with a target around 90
Or, a breakdown to the 200 day moving average to 42 to 48. It's harder to predict this bottom because of the expected upcoming volatility, so buy orders spread throughout this lower range is a good strategy to catch some (if not all) of that bottoming activity before the great...
If SIL can hold above 44.5 the next few days, we could see a breakout to 66, 67 over the next few weeks. If not, it could drop as low as 40 before a bounce. That would not be surprising either as we're in a time of extra volatility likely for the next month. If it drops much below 40 I would get the hell out of all stocks.
Now only if our economy could recover like AT&T stock.
Looks like when it's on sale, it doesn't stay on sale long! But at these levels it appears to still be on sale today.
First profit exit - 30.15
It may be worth it to perpetually hold some T cuz did i mention 7+% dividends?
About to break - up or down?
The thing about AT&T is that the technical analysis alone doesn't paint the full picture. AT&T is on the fed's balance sheet. It cannot lose, so basically it's just on sale right now, and a perfect opportunity to buy. I'm predicting a breakout. Afterall, if it breaks down, it gets propped up. There's never been a time like this - the...