I sold one position today, added to a couple of existing positions, and added a new miner.
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This is DRD Gold Ltd Adr (DROOY) which I sold on a blind limit order at $4.33 today. The stock continued to close higher today at $4.40.
This daily chart is of Anooraq Resources Corp (ANO). I added to my existing position today with a new purchase of shares at $.915. ANO currently has a trend line break of both the True Strength Index (TSI) and Money Flow Index (MFI) indicators, as well as a ZERO crossover.
This daily chart is of Platinum Group Metal (PLG). I added to my existing position today with a new purchase of shares at $1.87. PLG, like ANO, illustrates my ideal BUY setup, which includes TSI and MFI breakouts and a bullish ZERO line crossover.
My final purchase today was of a stock I have not previously owned. This is Clifton Star Resources (CFMSF). I don't know anything about the company, to be honest, but I did take a shine to the bullish buy setup.
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My TSI trading record has been updated.
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A lot of reversals in pm stocks today (profit taking). A respite, albeit brief, is welcome.
ReplyDeleteHere is a quick momentum list I'm trading (all Canadian) for those looking for opportunity on p/b or a few days consolidation b/o:
SBB, ATAC, CNL, EGU, GUY, KAM, RR, AMM, SQI.
Apologies in advance John, if this contravenes your strategy and teachings here.
Sorry, ATAC is actually ATC
ReplyDeleteJohn,
ReplyDeleteCan you give me your opinion on the current status of SVM? I know you trade the NYSE, but I'm figuring this stock may be larger than you typically deal with.... higher cap.
Thanks!
Matt