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ABX Bull Channel
BARRICK GOLD CORPORATION
Long
ABX Bull Channel
By GeorgeJimas
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Updated
Jan 31, 2017
5
Jan 26, 2017
Look for strong resistance at the $25.40 area, with retesting the bottom of the channel.
This has broken out of the bearish trend from August of 2016, with RSI trending up (clear bull divergence here).
Jan 31, 2017
Note
Still within the channel, still long, will be adding SL due to tomorrow's FOMC.
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