GDXJ 4 hr chart
GDXJ has broken inside the triangle on increasing volume, using a 4hr chart . (Click to enlarge) More downside would seem likely (Especially a close inside)
Author Archive for: Alex - Chart Freak
Entries by Alex - Chart Freak
QUESTIONS ON GDX / GDXJ
I've been asked what I see with the selling in GDXJ / GDX today.
- I can view it in a few different ways, so lets start with the daily
-( Is it just a simple "test" of the break out & 10sma ?)
Two stocks appealing
I'm Still liking Rare Earth set ups( See QRM, AVL, REE,MCP ) as mentioned in a prior post. They have "Based out" and look to be moving above( and some have finding support above) their Moving averages .
I also like some of the energy stocks like AXAS , MNGA, & a few others are starting to look good.
Let me highlight 2 stocks and why I like them. SHLO and MNGA
AAU Important update
I wanted to quickly review a possible change in the way AAU looks. It may have gone from "Bullish" to "Caution" , please read on... Read More
RARE EARTHS
Noticed some reversals in RARE EARTHS today. They look oversold and seem to be “BASING”. see AVL, QRM, REE, MCP MCP as an example
GDX – GAP FILL or more?
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?
What I’m Watching …
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...
ANV PROGRESSION
We started watching ANV in the $3+ area back in Dec/Jan ...
But the future STILL has a lot of potential !!
AAU
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. 3D Pop Up Cards “I recently ordered some beautiful cards that I needed in a hurry. Unfortunately, they got lost in the post. I […]
