Comments on: GDX Symmetrical Triangle Pattern, Revising DUST Stops https://rightsideofthechart.com/gdx-symmetrical-triangle-pattern-revising-dust-stops/ Stock Trading, Investing & Market Analysis Thu, 09 Mar 2017 02:20:11 +0000 hourly 1 https://wordpress.org/?v=6.9.4 By: rsotc https://rightsideofthechart.com/gdx-symmetrical-triangle-pattern-revising-dust-stops/#comment-601 Mon, 26 Oct 2015 15:38:13 +0000 http://rightsideofthechart.com/?p=168621#comment-601 In reply to pzz.

Yes, DUST is now closed as it traded below 12.06 on Friday after that post. Unless specifically stated otherwise, the suggested stops are triggered on any intraday move. At times I will specific that the stop is based on daily, weekly or even something like a 60-minute candlestick close. The NUGT trade is now officially completed & I will remove it from the Active Trades category along with a few others as soon as I get a chance.

]]> By: pzz https://rightsideofthechart.com/gdx-symmetrical-triangle-pattern-revising-dust-stops/#comment-595 Sat, 24 Oct 2015 17:42:00 +0000 http://rightsideofthechart.com/?p=168621#comment-595 Just wondering, does that mean this trade is now closed? It dipped below 12.06 intraday. Or do the stops refer to market close prices?

]]> By: rsotc https://rightsideofthechart.com/gdx-symmetrical-triangle-pattern-revising-dust-stops/#comment-593 Fri, 23 Oct 2015 17:13:14 +0000 http://rightsideofthechart.com/?p=168621#comment-593 In reply to portobellovcs3.

I wouldn’t mind see that bear channel if you get a chance to post the chart later today or over the weekend. Not sure if you saw it but I did a comprehensive overview of the precious metals & mining sector in this video on Oct 1st, making an intermediate-term bullish case as well as the potential for a longer-term bullish case (still some technical work to be done there). http://rightsideofthechart.com/precious-metals-mining-sector-outlook-video/ I’m also going to post my daily chart of GLD in a new thread above (so the image will show without having to click a link). Still working on the functionality to upload images to comments & replies within the Trading Room.

]]> By: portobellovcs3 https://rightsideofthechart.com/gdx-symmetrical-triangle-pattern-revising-dust-stops/#comment-591 Fri, 23 Oct 2015 16:43:03 +0000 http://rightsideofthechart.com/?p=168621#comment-591 The issue I have with going long GDX on a breakout is that gold is in a clear bear channel on the daily chart (sorry can’t post charts at work). I would like to see a move down to the bottom of the channel on the /GC chart before I consider an entry in the miners.

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