Long ABX

[Pascal]

ABX is not a leading stock. It is a trade based on a continuation of the PM sector strength.
You can buy a breakout on volume above 11.15


Pascal

27774

27771

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27772

[Pascal]

Still in the trade from the 11.15 breakout.
This is a good addition to the GDX long.


Pascal

2777827779

[Bogie]

I think ABX got a nice lift by the Gold going higher in the last few days.

[Pascal]

The Breakout reversed down the same day. I closed the trade at breakeven, but we can say that the breakout was a failure, because we can see that the price later on cut through the original stop level.

Buying the oversold bounce after the break through the stop would have been excellent.


Pascal

28330