Pascal
11-19-2012, 11:35 AM
It is rather positive to see GDX pulling back to a support zone on no selling and then pushing up while large players are buying. This indicates an eagerness to accumulate on the cheap.
Of course, bears will want to break the support shown in green.
I believe that if the MF stays positive, we should be OK with the long position.
Pascal
16429
Of course, bears will want to break the support shown in green.
I believe that if the MF stays positive, we should be OK with the long position.
Pascal
16429