I only referred to the long term term uptrend line while it was in play. We all know the price is below that line now but that won't stop ABU from making strong profits even at these gold prices.
I don't set fixed stop losses generally.
I suggested a stop loss on SLR as a strategy for anyone wanting to buy just above support for a short term trade.
I rarely make such a suggestion but did so on that occassion and it was an appropriate strategy.
I sell when I believe a trade looks likely to reverse, not usually at any predifened level but that doesn't mean I won't ever use a predifined stop loss.
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Open | High | Low | Value | Volume |
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Buyers (Bids)
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---|---|---|
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---|---|---|
0.2¢ | 2767597 | 3 |
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No. | Vol. | Price($) |
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0 | 0 | 0.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
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0.003 | 23830389 | 20 |
0.004 | 5055526 | 7 |
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