GOLD rejected the 65 EMA today, not surprising considering the pressure stocks were under. Now it is trapped between the 30 and 65, with the 10 ready to cross up and over the 30. I am buying on a close above the 65.
Stock Market Commentary by full-time trader and best selling author Bob Kudla AKA "BobLovesHawaii"
Tuesday, February 22, 2011
GOLD and GORO
I own GORO, and today it bucked the trend in miner sell offs today because this company reported killer drill results. This is the gold standard gold miner. Make room in your portfolio for this stock. I'd say gap fill and go.
GOLD rejected the 65 EMA today, not surprising considering the pressure stocks were under. Now it is trapped between the 30 and 65, with the 10 ready to cross up and over the 30. I am buying on a close above the 65.
GOLD rejected the 65 EMA today, not surprising considering the pressure stocks were under. Now it is trapped between the 30 and 65, with the 10 ready to cross up and over the 30. I am buying on a close above the 65.
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