This post contains an update of some some of the stocks that I have been tracking. Some of these were posted mid-week in a Gold update and I will discuss these stocks first off: Gold & Silver Stocks Update: SLW: This was @ $25.28 when I posted mid -week and has held up from the […]
Gold: Gold peaked back in September 2011 at around $1,920. It has basically been in a decline since then and in quite a steady decline under a bear trend line since late 2012 (see monthly chart). This bear trend line was broken recently but not before price had pulled back to test the support of […]
Sunday 10th Nov: FB: I’m keeping an eye on the $45 level for a possible H&S:
Gold and Silver have both had the best week for some time and both printed bullish engulfing candles last week. Both metals have now also bounced off major fib retrace levels from their last major swing highs. I thought I’d look to see how some of their stocks and ETFs are going. These seem to need […]
My TradeSpotting (TS) system is also useful for directional trading of stocks and options using daily and weekly charts. The TS system provides entry signals to either buy (go Long) or sell (go short) with either stock or option purchases. Whilst I am happy to buy certain stocks, I do not like to short sell stocks. My […]