Right Side of the Chart

...because anything to the left is history
  • ALIAF - Mar 20 201420140320
  • AMD - Oct 22 201520151022
  • DGP - Mar 25 201520150325
  • GDX - Apr 22 201520150422
  • GLD - Apr 22 201520150422
  • $GOLD - Apr 22 201520150422
  • $HUI - Apr 22 201520150422
  • NUGT - Apr 22 201520150422

Long-term Trades- Active

Long-term Trades are trade or investment ideas that have the potential for significant returns over a longer-term period, typically several months or more. This category of trade ideas might be useful for the longer-term swing trader or investor looking for investment ideas to supplement their existing portfolio and prefers a less active, more hands-off approach to investing.

Oct 222015

I am revising T1 from 2.18 to the downtrend line, where AMD is currently trading (current price of 2.16). AMD (Advanced Micro Devices) remains an Active Trade with T2 & T3 still the next & final targets at this time although the odds for a reaction off this first tag of the downtrend line since early July are elevated at this time. With the original first price target only 2 cents above the current price of 2.16, it would only be prudent for those planning on booking partial or full profits at T1 to do so here vs. risking a pullback to gain another 2 cents on the trade, or at the very least, raise or trail your stops at this time.


Revising the first price target to 2.16 provides a 17.4% gain from the entry price of 1.84 on August 10th (first chart above). In light of my recent analysis on the semiconductor sector that was posted along with yesterday's SOXL short entry, I may decide to officially close the AMD trade and remove it from Active Trades category soon. As of now, I'll continue to monitor the sector closely.

Apr 052015

Friday’s soft payroll data only helps to affirm the near-term outlook for additional weakness in the $USD and additional gains in precious metals, commodities and other dollar sensitive assets, including more downside in US equities. Although the 19.90 area remains the near-term bounce target for [continue reading…]

 April 5, 2015 10:13 pm  Gold & Commodities, Long-term Trades- Active Tagged with: ,  Comments Off on Additional Upside Swing Targets for GDX
Mar 312015

GDX is now approaching the 18.30 horizontal support level, offering an objective add-on or new long entry. Dotted yellow lines show GDX falling to support within a bullish falling wedge pattern complete with positive divergences in place. Suggested stops would be calculated using a 3:1 [continue reading…]

 March 31, 2015 12:55 pm  Gold & Commodities, Long-term Trades- Active Tagged with: ,  Comments Off on GDX Bullish Falling Wedge Pattern + Support