I’m Starting To Sell, Not Chase
What a rocket ship ride Miners have been on. Buying the lows has brought about some huge gains for some, and I had encouraged not selling too early with this type of set up. Now it is time to start thinking about locking in gains, and not chasing these moves. A pull back will come and that may lead to a buying opportunity.
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GDX - And we have a shooting star/reversal candle in GDX and many of the Miners. A pull back usually follows.