Trading High Potential Stocks
Bio Extraction – BXI.V did exactly what the chart was implying. I did add to my position today as I am not arguing with strong stocks. Au contraire. I add to my best stocks and do my best to push winners. My annotations on BXI.V – Bio Extraction have been very clear from day one. […]
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It all started with Ross Beaty buying 2 million shares of VEN.TO – Ventana Gold around 2.00$ at the end of May 2009. In addition to the great technical set-up at that time that was the hint for me to go in as well. Then the stock came up with huge drill results. Lots of […]
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A week ago I wrote about the future outlook for gold. We have now significantly breached the 1.000 USD$ level and price is moving according to the bullish scenario outlined on the weekly gold chart on my public list. The most bullish scenario would be as much separation as possible from the 1.000 $ level […]
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Just two things I observed during the trading day. RES.V – Rare Element Resources and VEN.TO – Ventana Gold were up and literally doing their own thing regardless of what the market did. The tape’s message is unambiguous. These two stocks want up. The tape says the path of least resistance is up. All I […]
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Chinese education stocks looked like a good investment theme a few days ago. With today’s market action though I would certainly hold back buying in at the moment. Compared to CEU – China Education Alliance, CAST – China Cast Education is the more liquid stock and from a technical perspective looks somewhat stronger. If China […]
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Going through my public list VEN.TO Ventana Gold caught my attention. I redrew the trendlines as the emerging pattern has become much easier to identify. The recent price surge that was accompanied by increasing volume looks like a bullish triangle consolidation pattern with a breakout to the upside. Keep in mind the Brazilian billionaire Eike […]
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Impressive follow through with good volume for gold and the gold mining stocks. That’s simply what I like to call ‘great technical action’. Today I want to elaborate a bit on what I said yesterday as a frequently asked question I get is what one is supposed to do if gold goes down or doesn’t […]
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With today’s move in gold it sure looks like a big move is coming. It won’t be an easy decision to put more money at work in the Rare Earth sector. As of yet it looks like being invested in both sectors is the way to go. Today’s move in gold was nothing short of […]
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Today I sold WTM.TO – West Timmins Mining my biggest position and my best performing stock for the year. The market reacted very badly to the news they announced. Actually I sold without even checking the news. As I’ve written quite often in the past: If a chart tells you to get out – get […]
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Not many stocks in the green today. Today was one of those days every position in my portfolio was down. A good day to review all my portfolio positions. WTM.TO – West Timmins Mining: Looks like a constructive consolidation pattern in the 2.00 – 2.50 range has now started. BXI.V – Bio Extraction: Very constructive […]
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