Australia's largest stock trading and investment forum Australia's #1 stock forum

Day Trading 28 Feb Pre Market, page-31

First 31 Last

Share
Profile

Follow
speckledjim1

12,026 Posts.

283

28/02/17

09:16

Post #: 22957889
Share

Originally posted by paddington bear ↑

Sorry Jim didn't see your post before I posted my Ramblings. As we discussed yesterday, HUI much weaker that GDX but that sharp move up early in the session last night in precious metals (particularly in platinum) attracted quite a bit of selling. Gold ran into an upper boundary line. It left a bit of a gap below a couple of weeks ago which it might be looking for. As well , I have mentioned somewhere along the line in recent days that often these flat topped patterns (gold) have to be revisited to test the support there. I am happy for precious metals to continue to consolidate as the rise since the end of December has been very strong So many of our stocks have had huge rises but the ones I like have been very slow to come off. Bit frustrating when you sell half a position with the idea that you can cleverly lower your net price by getting back in at a lower level. So far not looking so clever!

Expand
1 Upvote

Reply

Top Stories

HAS

Hastings progressing Yangibana to production with lower costs

COD

Coda Minerals (ASX:COD) enters rights issue to further exploration in South Australia

ACW

Actinogen Medical ramps up Alzheimer’s treatment trials, targeting fast-track global approvals

The iron ore comeback: Can it last?

ZNC

Zenith's sale of Develin Creek delivers $975K cash, with shares up 13%

There are more pages in this discussion • 43 more messages in this thread...

First 31 Last