Comments on: GDX Swing Trade Update https://rightsideofthechart.com/gdx-swing-trade-update/ Stock Trading, Investing & Market Analysis Wed, 12 Sep 2018 22:37:11 +0000 hourly 1 https://wordpress.org/?v=6.9.4 By: npu1957 https://rightsideofthechart.com/gdx-swing-trade-update/#comment-4860 Wed, 12 Sep 2018 22:37:11 +0000 https://rightsideofthechart.com/?p=188014#comment-4860 Why would u put a stop in gdx at 17.50 when there was support in and around the 17 level. I grabbed a significant amount of shares at the 17.30 level the other day. it broke down from previous levels you suggested at and around 21 and 19. I would much rather wait for a complete washout like the 17.25 to 17.5 level

]]> By: rsotc https://rightsideofthechart.com/gdx-swing-trade-update/#comment-4857 Wed, 12 Sep 2018 18:08:34 +0000 https://rightsideofthechart.com/?p=188014#comment-4857 In reply to reospeedstock.

That’s certainly a possibility but my expectation is that if & when /GC takes out 1213 with conviction AND EUR/USD takes out the 1.16582 R level, that will likely spark a pretty powerful rally in gold.

]]> By: rsotc https://rightsideofthechart.com/gdx-swing-trade-update/#comment-4856 Wed, 12 Sep 2018 17:56:00 +0000 https://rightsideofthechart.com/?p=188014#comment-4856 That’s one mean, green bullish candlestick on the daily chart of GDX forming so far today. Wouldn’t surprise me if they continue to ramp it to the bottom or possibly even the top of the Sept 4th gap before the close today, especially if /GC takes out 1213 with conviction.

]]> By: reospeedstock https://rightsideofthechart.com/gdx-swing-trade-update/#comment-4855 Wed, 12 Sep 2018 17:49:27 +0000 https://rightsideofthechart.com/?p=188014#comment-4855 @rsotc Are you expecting a pull back to the support line (previous resistance line) before hitting the first target ? 18.50 Thanx

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