While we wait for gold to do something, there’s action in the mines. Subscribers, click here to download the report.
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Over the past week the gold and silver mining stock screens yielded 24 charts with a second or third short term buy signal and just 4 with more than one sell signal. So I was expecting to come up with some buys. Non-subscribers, click here for access.
Upon visual review of those 24 with multiple buy signals, I did. They were as follows: xxx, xxx, xxx, and, xxx. Non-subscribers, click here for access.
All were still in major downtrends but had good potential to complete big reversal patterns. The remainder of the 24 were too close to resistance in their downtrends to have the appearance of favorable risk/reward for a trade at this stage. Non-subscribers, click here for access.
The charts of the 4 stocks are below. Non-subscribers, click here for access.
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The strategy and tactics suggestions in this report are informational and general in nature, and illustrative of one approach. They are not investment advice. No representation is made that it is the best approach, will be profitable, or even suitable for any particular investor.
Nothing in this letter is meant as personalized investment advice and you should not construe it as such. Trading involves risk of loss, and in the case of options, the loss can be 100% of the amount invested. Any trading that you do with reference to strategies and tactics suggested in this report should be done only after consulting with your financial adviser. Trade at your own risk.
