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Strategies & Market Trends : Underexposed Technical Analysis
AQN 5.7710.0%Dec 9 3:59 PM EST
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To: Underexposed who wrote (489)9/13/2019 2:36:06 PM
From: Underexposed1 Recommendation

Recommended By
kimberley

   of 914
 
CAN/USA I hate Gold...I said it before and I'll say it again. I have never made decent money on Gold stocks. Yeah, I could have cashed in for a few % profit but I am a long term player I am looking for higher gains.

On Monday I set the following Limit Stop Losses on September 9

Centerra Gold [TSX:CG]
AS of 12:20 I am placing a LIMIT STOP LOSS order for 2000 shares at a target $10.50 and Limit $10.30 valid until September 20/19

Barrack Gold (NYSE:GOLD]
AS of 12:25 I am placing a LIMIT STOP LOSS order for 1500 shares at a target $17.00 and Limit $16.80 valid until September 20/19

Now Barrick Gold has not tripped its limit stop target yet but it is 2:25EST and I would enter a market order for the Barrack Gold for 1500 shares and its price is $17.30/share

I have no hope for a turn around in Gold....

So I will have recovered

Centerra Gold : 2000 x $10.50 = $21,000.00
Barrack Gold: 1500 x $17.30 = $25,950.00

I will show the results in my portfolio updates later on.

Well we have lots of money to spend in these fantasy portfolio's... I wish I could trust Oil shares continued rise... but Oil price is as volatile as Gold... we shall see..... Jilted again {sigh}

UE
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