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GeorgeJimas
Jan 26, 2017 1:03 AM

ABX Bull Channel Long

TSX:ABX1D
BARRICK GOLD CORPORATIONTSX

Description

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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).

Comment

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Still within the channel, still long, will be adding SL due to tomorrow's FOMC.
ABXabxbarrickgoldcorpabxgoldcorpabxbarrickGoldgoldtradinggoldideagoldstocksgoldlonggoldbugs
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