$PXD - Stage 1, $OGC.CA - Stage 2 pullback
A few stocks to keep an eye on - PXD, OGC.TO
PXD - Stage 1 base forming for the last seven months. Relative performance flattening and close to the zero line.
OGC.TO - this gold miner made a Stage 2A breakout four weeks ago, and is now consolidating/pulling back. And so with general stocks strengthening, there's potential for a pullback towards the 50 day MA if it breaks down from the current consolidation.
There was an article on oceana gold last week here: http://www.zealllc.com/2016/ogcefdmt.htm that talks about it's strong fundamentals and low operating costs. Which although not necessary in Weinstein's method, as it's 100% technical, it's nevertheless good to have.
isatrader
Fate does not always let you fix the tuition fee. She delivers the educational wallop and presents her own bill - Reminiscences of a Stock Operator.
Fate does not always let you fix the tuition fee. She delivers the educational wallop and presents her own bill - Reminiscences of a Stock Operator.