Stepping Inside the Recent Goldman Sachs GS Price Breakout Trade
Similar to that of RIMM, Goldman Sachs (GS) stock broke a critical resistance level which set-up a great breakout trading opportunity for those poised to take advantage of it.
Let’s learn the lesson from this breakout, discuss another example of the “Popped Stops” and “Open Air” concepts,... Continue Reading
Submitted ByGary Tanashian
Okay, let's address the elephant in the room right off; I became bearish (on a risk vs. reward basis) much too soon on the current bear market rally in the broad stock market. But I will also note that in early March of 2009, there were just a few sturdy contrarians willing to be bullish. I...
Submitted ByGary Tanashian
As I recall, the noted buy was during a stretch where the PM sector was pretty strong and I was scouring around for laggards that I felt held quality assets and were much more than some of the empty stories that populate the resource stock universe. "Hmmm" I say, "there's old friend, explorer...
Submitted ByCorey Rosenbloom
Similar to that of RIMM, Goldman Sachs (GS) stock broke a critical resistance level which set-up a great breakout trading opportunity for those poised to take advantage of it.
Let's learn the lesson from this breakout, discuss another example of the "Popped Stops" and "Open Air" concepts, and be...
Submitted ByCorey Rosenbloom
Similar to that of RIMM, Goldman Sachs (GS) stock broke a critical resistance level which set-up a great breakout trading opportunity for those poised to take advantage of it.
Let's learn the lesson from this breakout, discuss another example of the "Popped Stops" and "Open Air" concepts, and be...
Submitted ByCorey Rosenbloom
Similar to that of RIMM, Goldman Sachs (GS) stock broke a critical resistance level which set-up a great breakout trading opportunity for those poised to take advantage of it.
Let's learn the lesson from this breakout, discuss another example of the "Popped Stops" and "Open Air" concepts, and be...
Submitted ByTim Iacono
Reuters reports on comments made by China's top foreign exchange manager at the annual gathering of the National People’s Congress in Beijing on the subject of gold purchases.Yi Gang, head of the State Administration of Foreign Exchange, said that while gold was "not a bad asset," it would never...
Submitted ByTim Iacono
Reuters reports on comments made by China's top foreign exchange manager at the annual gathering of the National People’s Congress in Beijing on the subject of gold purchases.Yi Gang, head of the State Administration of Foreign Exchange, said that while gold was "not a bad asset," it would never...
Submitted ByTim Iacono
Reuters reports on comments made by China's top foreign exchange manager at the annual gathering of the National People’s Congress in Beijing on the subject of gold purchases.Yi Gang, head of the State Administration of Foreign Exchange, said that while gold was "not a bad asset," it would never...
Submitted ByTim Iacono
Don't look now, but they're talking about junior gold mining stocks in the Wall Street Journal. Surely that's a first and, if not, you can probably count the times that this subject has appeared in the paper over the last ten years on one hand.There are no references to Mark Twain and what he...
Submitted ByTim Iacono
Don't look now, but they're talking about junior gold mining stocks in the Wall Street Journal. Surely that's a first and, if not, you can probably count the times that this subject has appeared in the paper over the last ten years on one hand.There are no references to Mark Twain and what he...