SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Barrick Gold (ABX)

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Dave Lyall who wrote ()12/14/1999 5:15:00 PM
From: Cascade Berry   of 3558
 
Most awesome Barrick chart generates excellent signals...

askresearch.com

If you bought the stock every time the short stochastic penetrated 90 going to say 95 and then penetrated 90 going back to 0, you would have done well...

This chart gives you everything!

MACD
Bollinger
Short and long stochastics
RSI
Chaikin Money flow
Exponential Moving Averages...
Williams R (oversold/overbought oscillator)

Barrick is VERY close to a short term buy for a trade, as it is just penetrating 90 on the short stochastic. Buy within 1 week. Note: stochastics do not give magnitude of short term moves very accurately, but are VERY accurate on direction. Most other gold stocks have very similar patterns - most are now indicating short term buys within 1 week. Note: the signals seem to indicate a 5 week pattern on Barrick between buy signals.

Check it out...Currently I am long Barrick and short Jan calls, but I am preparing to cover my short calls within several days, probably on Friday, on weakness.

Cheers.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext