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Gold/Mining/Energy : Blue Chip Gold Stocks HM, NEM, ASA, ABX, PDG
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To: cmg who wrote (41883)3/21/2013 1:53:34 PM
From: Rarebird1 Recommendation  Read Replies (1) of 48092
 
There are 2 price points to watch for: 1) 17.37 was the old 52 week low, which may provide some resistance. 2) the $18 level represents the 20% advance, which places GDXJ on the radar for all the momentum players and hedge funds.

You'd have to be very nimble and extremely quick to get in at that level as the price would be subject to skyrocket right around that area.

Yesterday, I took a starter position in GLDX at $5.61. I try to post my trades in real time:

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