RE: Investor Method Watchlist
(2015-01-10, 07:21 PM)isatrader Wrote: A few of the strongest gold mining stocks:
GFI - New Stage 2A breakout attempt following a failed Stage 2A breakout in August. Volume is a bit above average, but didn't meet the 2x requirement that we look for. However, relative performance is strong and above a newly rising zero line and it's cleared near term resistance, and so showing good potential so far, but volume needs to improve.
CG.TO - Stage 1B. Watching for a Stage 2A breakout attempt.
WDO.TO - moved into Stage 2A in early December following a one year Stage 1 base and has shown an consistent increase in the relative volume since. Watch how it behaves on the initial Stage 2 pullback.
RIC.TO - the strongest gold stock of the last six months (stockcharts SCTR of 99.6), now attempting to make a further Stage 2 continuation breakout.
Would one even consider Gold Stocks while the US Gold Mining Index is still under the 150 day MA?