interesting to see the different takes on this
one reading has gold at the horizontal line been following all year first as resistance then during and after the large cup and handle which played out but now as support
normally after the spike up we had yesterday will see it gently rise back up to that level
so if plays out then will see rerate starting here in a solid rise
if not then will see big fat red candle down
my goldies all at a higher base than last week. have a new range and if do turn green then all the ones who traded the spike will be back in but after what they will see is confirmed support at this level
this is where stocks like rsg nst evn quietly rerated before over lasst year or so even though pog seemed stagnant at times so will see
sentiment on oil has changed even though reality is now oversupply again under trump
bpt found a range and a base and will see from last week which way it heads
sentiment is 90% of a move from oversold to overbrought
sto igo wsa midcaps all on trend. igo has news due so careful here. as saw with cdv can go either way but once mc at realistic value then overbrought is overbrought. can reassess adter the news
specs still same old
pan finally doubled from earlier this year. next level 50c plus. good solid no fuss rerate on sentiment
ibg rvr still churn but ibg now has 7.8c as support and rvr money quietly coming in
icg another cr but expect news due
really happy with my laggards like pru which been waiting on all year. doubled and expecting will spike in time and reassess. news in dec will see if on track to turn a profit or not
so reassess at xmas on track
wonder what sentiment on uranium will be now
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interesting to see the different takes on this one reading has...
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