NST 1.00% $15.84 northern star resources ltd

NST Share price post merger, page-359

  1. 1,050 Posts.
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    A very effective tool and Rule: Don't start buying until the daily RSI touches 27.

    RSI 27 might only happen 2-3 times per year, but its worth waiting for and will fill your yearly money needs.

    Once at 27, you can feel more comfortable to buy knowing you are safe.

    Keep buying as long as the RSI is on or under 27. Then hold for the inevitable bounce back up.

    Sometimes the RSI might stay on or under 27 for some days or in some cases, 1-2 weeks (as in the case of the first set of arrows in November). Doesn't matter, continue buying. The rise to the right hand side will always come if held. The stock will always trade at a higher price to what you bought it at if you follow this rule.

    In this case, buying would have started in the $10.70's and today in the $10.40's and $10.30's continue buying. We are in the buy zone.

    The other thing with gold is that gold stocks bottom 1 week before the gold price.

    NST will go back to touch at $11. 31 in the short term. Means there is at least $1 or more profit in NST if bought today.


    NST RSI.jpg
 
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