re: retracement following rises: then consolidatio

  1. 22,691 Posts.
    That is the hallmark of a performer: Some expansion gaps which are taken seriously by a few posters but are actually signs of robust health

    http://bigcharts.marketwatch.com/interchart/interchart.asp?symb=AU%3ATRO&time=&freq=

    The graph also tells us that the share price was held down for too long and it is doing its best to make late amends- See first post of this thread.

    I am happy with this graph. Slow STO=84.5, leaving room for share price expansion.

    At the moment, we could be in a short consolidation-slowly moving-up phase and hope to proceed from here.

    Gerry
    Readers, please do your own research and you decide if and when to buy, hold or sell any stocks or metals/commodities.
 
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