I'm Waiting For AEM (Agnico Eagle Mines) To Fill 51.15
I'm waiting for AEM (Agnico Eagle Mines) to fill (or clearly fail to fill) it's upside gap at 51.15 from today 9-16's open, see http://finance.yahoo.com/q/ta?s=aem&t=5d&l=off&z=l&q=c&p=&a=p12%2Cfs%2Cw14&c=, before looking to day trade it long or short. If AEM clearly fails to fill 51.15, then, I'll look to day trade it short, because, 51.15 will then be a bearish breakaway gap.
A similar situation is the coal ETF KOL, which is trying to fill today's upside gap at 31.78, see http://finance.yahoo.com/q/ta?s=kol&t=5d&l=off&z=l&q=c&p=&a=p12%2Cfs%2Cw14&c=. If it gets filled I look to day trade long after a pullback, and, if it doesn't get filled I look to day trade it short, because, 31.78 will then be a bearish breakaway gap.
.......http://www.JoeFRocks.com/
NEM XAU HUI
A similar situation is the coal ETF KOL, which is trying to fill today's upside gap at 31.78, see http://finance.yahoo.com/q/ta?s=kol&t=5d&l=off&z=l&q=c&p=&a=p12%2Cfs%2Cw14&c=. If it gets filled I look to day trade long after a pullback, and, if it doesn't get filled I look to day trade it short, because, 31.78 will then be a bearish breakaway gap.
.......http://www.JoeFRocks.com/
NEM XAU HUI
Labels: Gold, Gold Stocks, HUI, NEM, Silver, Silver Stocks, XAU
posted by Joe Ferrazzano at
7:33 AM
1 Comments:
KOL filled 31.78, and, AEM is making a run at 51.15 right now, at 11:09 am EST on 9-16-08.
By
Joe Ferrazzano, at 8:11 AM
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