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Technical Analysis with chessNwine

chessNwine
Full-time stock trader. Follow me here and on 12631
Joined Apr 1, 2010
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Late Night Speech for Gold Bulls

chessNwine Fri Jan 10, 2014 1:06am EST 5 Comments

As I have been alluding to in my analysis of late, it is starting to get to that proverbial now or never moment for gold bugs in the new year. Either they rally hard and long off the bullish RSI weekly divergences versus last summer’s lows, or another (and likely violent) leg lower in the bear commences. I am ready to play either side, with a $114.50-$120 bracket on the gold ETF.

Mo more half measures, guys.

Drop me your top tickers overnight.

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5 comments

  1. @666743x
    @666743x
    January 10, 2014 at 1:43 am

    $GD over 96 is my top ticker

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  2. ultramarine
    ultramarine
    January 10, 2014 at 2:08 am

    How about BA? The entire aerospace defense industry is up 50% from last year, and I have no idea why.

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  3. mateo
    mateo
    January 10, 2014 at 3:36 am

    I am tempted by AMD and several highlighted by you, Raul, and RC (JVA, MLNX, and LEDS.) But I doubt I’ll make any moves tomorrow…

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