Previously on : 2013.07.26 2013.08.02 Be prepared to swing trade all the way up to target if you can stomach it.
Previously on : 2013.08.09 After 4 failed attempt (see flags), price loses its steam and breaks 3.77.
Previously on 2013.08.09 We are 1/3 away from the target.
Previously on : 2013.08.06 2013.08.09 Almost there as it gaps towards the upsloping red trendline.
Previously on : 2013.07.25 2013.08.09 Price has broken down once it crossed the purple trendline and falls into the blue channel. This is now the current frequency that steers the direction and momentum of how the price will behave and move. Careful once it hits the 1st target to expect possible reaction.
Price making a beautiful cusp formation as it moves upwards
Previously on 2013.08.05 when I made a call to LONG. Good time to set your stop to break-even. Target to reach 13.24.
Price has reached fibo 0.5 showing weakness after 3 days of rally. Overall trend is down and if price breaks below 73.82, we can expect normalcy again with price smacking right back into the blue channel.
Previously on 2013.08.06 Price will head towards the red upsloping trendline as target.
Previously on 25.07.2013 It could go either up or down as it is squeezing into area.
Price facing resistance at the WL-1 trendline(dotted blue) so expect possible reversal if it breaks 150.00
Previously charted on 1 Aug 2013 Missed opportunity to long and price was halted by the U-MLH of the downsloping red pitchfork, If price breaks below low of previous candle, this could be a possible short opportunity.
Previously charted on 26 July 2013. Expect to hit the target line in dotted red line. For those who short it, congrats!
Price is going through retracement towards the MPL for a possible "Kiss Good-bye" move on the MPL. If price shows strong rejection on the MPL, this is a good opportunity to Long . Here are two ideas how to handle this move if you have entered into a Long position earlier: 1. Close your position and keep some profits. 2. Hold on to your position and let it...
sorry..here's my previous analysis Price gapped up and hit the Centre Line as target which has 80% probability of hitting. Too bad I missed this trade due to the holidays... : (
Price is showing weakness in the uptrend after 3 attempts which failed to reach fibo 0.382 trendline. This looks like possible fake buying before a big correction downwards. Over big trend is still up unless the purple line is broken. Move your stops religiously is the best advice for this trade.
Price has triggered the SELL STOP and we see how it behaves in tandem with Randgold Resources, both in mining of precious metals. Enjoy the ride..