Tuesday, June 28, 2011

A few Gold stocks

GOLD - After a 5 wave downside completion, looks like a logical ABC up move

CDE - 5 waves trying to complete, watch the ratio

AEM - positive divergence

ABX - held up well, watch the trendline over the Ratio

Some gold stocks have corrected 40% more, it may be early yet, just scouting this sector.  I will also take a look at the Juniors as well

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