BRB 1.43% 34.5¢ breaker resources nl

Hi @pintohooMy investing style is to find a good story, do a bit...

  1. 235 Posts.
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    Hi @pintohoo

    My investing style is to find a good story, do a bit research, have a look at possible entries/exits and then hold on for the ride once I've built my position.

    I'm not a technical analysis traders little finger, but from what I understand of H&S top patterns the target is somewhere around 13.5c, for which I had to go back to May 2016 to find what might be a resistance level. Not a pretty scenario frown.png

    Mate, how much do you trust TA , and would you be a buyer at 13.5c if the price were to hit that level ?

    Personally, the story hasn't changed for me, and is potentially becoming better, so I'm still holding until I hear more from this review and the company, and given that, according to Tom Bulkowski, the H&S top pattern reaches it's target 51% of the time (http://thepatternsite.com/hst.html) I reckon it's an even money bet that it wont biggrin.png particularly given the current setup for USD gold.

    https://hotcopper.com.au/data/attachments/1763/1763191-b46805f623a4921c2646adc2daefa2e2.jpg

    https://hotcopper.com.au/data/attachments/1763/1763195-160fbe8bee39db42d09260899867676a.jpg



 
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