- Joined
- 19 October 2005
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- 6,258
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BC8 - Black Cat Syndicate
- Thread starter System
- Start date
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- Tags
- bc8 black cat syndicate gold
- Joined
- 19 October 2005
- Posts
- 6,258
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- 9,614
BC8 @ $1.06, up 7%
Dull day for goldies but Black Cat fired.
Chart looks like it's possibly building a 'cup' continuation? And note the high volume as the price completes the right side of said cup. Bullish, but not certain of course - holders await the 'lip' of the cup @ 1.10 for a resolution.
WEEKLY
Dull day for goldies but Black Cat fired.
Chart looks like it's possibly building a 'cup' continuation? And note the high volume as the price completes the right side of said cup. Bullish, but not certain of course - holders await the 'lip' of the cup @ 1.10 for a resolution.
WEEKLY
- Joined
- 19 October 2005
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- 9,614
BC8 @ $1.115
Nice strong candle but volume reduced compared to the previous 2 days. Not entirely convincing break. My guess a little higher then pullback - maybe to form the commonly seen 'handle' to the 'cup'. Looking back over a decade there's always been a pullback or worse when price soars this high above the 20 day moving average. Still a strong chart though.
Held
Holding LT
DAILY
Nice strong candle but volume reduced compared to the previous 2 days. Not entirely convincing break. My guess a little higher then pullback - maybe to form the commonly seen 'handle' to the 'cup'. Looking back over a decade there's always been a pullback or worse when price soars this high above the 20 day moving average. Still a strong chart though.
Held
Holding LT
DAILY
- Joined
- 28 May 2020
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BC8 to be added to the GDXJ next Friday.
Should give it a boost as the index chasers buy in.
I have taken a smallish position in it just in case.
Mick
Should give it a boost as the index chasers buy in.
I have taken a smallish position in it just in case.
Mick
