Noticed some reversals in RARE EARTHS today. They look oversold and seem to be “BASING”. see AVL, QRM, REE, MCP MCP as an example
Author Archive for: Alex - Chart Freak
About Alex - Chart Freak
I’ve been a full time trader for well over a decade and began trading in the late 1990s while working in management and sales at a well-known aerospace company. As my style evolved, so did my success, and it allowed me to leave corporate America to pursue my passion and trade full time.
Entries by Alex - Chart Freak
Some short term indicators got a little overdone. Is this just a gap fill, or is this run getting "Tired" and due for a little more downside?
This isnt just a precious Metals site, but that is where a lot of action is lately. Lets take a look at a few good looking set ups.
AAU hasnt "Popped" yet, but it looks set up to move higher
The Equity markets are dipping lower, but that can allow consolidation of recent gains to re-set a stock for re-entry. Notice...
We started watching ANV in the $3+ area back in Dec/Jan ...
But the future STILL has a lot of potential !!
Sent out a BUY rec @ $6.60 on Feb 18 with this chart
Their earnings report has added FUEL to the BREAK OUT Read More
Good run last time (60%) and the 50sma held nicely, so I added a position here . Interestingly- Volume today is also as large as what a full day usually has.
SAND Reversed above the 50sma , regaining the 10sma …looking good
GDXJ is in a nice trading range (triangle)
We’ve traded AUMN a few times since Dec 15 and the %-Gains have been Great! We sold at $1.20 when it got extended and expected a possible Bull Flag As expected , We now have that Bull Flag (And its Sitting on the 200SMA and additional support below) . I suggest 2 ways to […]
March 7 , 2014 : With the JOBS report coming out at 8:30 EST , This triangle (Captured mid day on March 6) is running out of room and will likely make a large move one way or the other. Click the chart to enlarge , click to the left side of it […]