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Gold/Mining/Energy : Gold Price Monitor
GDXJ 107.29-0.9%Dec 2 4:00 PM EST

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To: Sun Tzu who wrote (115950)1/18/2024 4:02:49 PM
From: Rarebird1 Recommendation

Recommended By
Sun Tzu

   of 116791
 
I took a smaller than usual position in SBSW right before the close:

schrts.co

There is decent odds that the stock can see $7.05 in a wave 4 rally by May of this year

I rarely do this because the stock is in an intense downtrend. But I like the risk/reward here and I do see bottoming action.

All bets are off if the most recent low does not hold.
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