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Thread: Long ABX

  1. #1

    Long ABX

    ABX is not a leading stock. It is a trade based on a continuation of the PM sector strength.
    You can buy a breakout on volume above 11.15


    Pascal

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  2. #2
    Still in the trade from the 11.15 breakout.
    This is a good addition to the GDX long.


    Pascal

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  3. #3
    Join Date
    Jan 2015
    Posts
    0
    I think ABX got a nice lift by the Gold going higher in the last few days.

  4. #4
    The Breakout reversed down the same day. I closed the trade at breakeven, but we can say that the breakout was a failure, because we can see that the price later on cut through the original stop level.

    Buying the oversold bounce after the break through the stop would have been excellent.


    Pascal

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    Last edited by Pascal; 02-09-2015 at 03:38 AM.

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