A good re-entry area for GLDX if missed

15 Şub 2014

GLDX miner broke out of the brearish monthly/weekly band. It has already began reversing. Currently it is overbought on the daily chart and could still remain overbought for a little while longer because there are still strengths left in the metals (silver/gold). GLDX could go all the way to 19 because we see a pull back. I am in GLDX and planning to take profit at 18.60ish. Re-entry again at area pointed by the arrow.