Nice chart. It will be interesting to see if GDX can hold the trendline you have drawn at ~47 or if it wants to fill the gap down to 46 and change. Is there a price level that if broken to the downside you would consider the breakout to have failed? TIA
4 comments:
Hi,
Is there some way to enlarge the GDX chart, my old eyes can't read the fine print. Thanks.
jesse,
my mistake, corrected the image
and it should enlage now for you!
thx
J
Nice chart. It will be interesting to see if GDX can hold the trendline you have drawn at ~47 or if it wants to fill the gap down to 46 and change. Is there a price level that if broken to the downside you would consider the breakout to have failed? TIA
jesse,
id look more towards any downside movement on strong volume and a close below the 200 MA to portend a failed breakout
J
Post a Comment