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Gold/Mining/Energy : Copper Fox
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From: louel7/13/2016 3:21:02 PM
1 Recommendation

Recommended By
dsikorsk

   of 10654
 
Right or wrong Today I took profits on (TV) Travali Resources. Price is up against it's upper channel line, Slow Stochastic is in oversold territory greatly leading its 9 day average and trying to roll over. I'm expecting a bit of a pull back or rest period to ensue. The upper red line is it's master down trend line from the top. Till it rises above. The stock is technically stil down trending.



I picked up a bit more CUM as it has put in a double bottom, Broken the overall down trend, and made a higher low. MACD is above the Zero line and it's moving average. Mid point Gaps are normally continuation patterns.
I am not a professional just my opinion based on past observations. Do your own research as nothing in the market is ever written in stone.

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