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$14.82 northern star resources ltd

gdx just confirmed her daily cycle low which was printed 3 days...

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goodoh

706 Posts.

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26/04/24

07:38

Post #: 73515537
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Originally posted by goodoh: ↑

Let's have a look now at the long term monthly chart of the gdx which is the reason for the name of this thread. when it was started back in April 2021. That timing was way too early as the correction took way longer and was much deeper before the bull returns. Goes to show that one can never be too sure of oneself no matter how much conviction one have especially in investing where capital preservation is of primarily importance. Today after 3 long years we are likely seeing the confirmation of a longer term bull market in gold stocks. Please not the word used is always may and likely as there is always a chance that the chart pattern can change.
First up the monthly gdx log chart showing we had just had a confirmation of a double bottom and is now being retested. Then the daily chart which gives a zoomed in picture of the breakout. And lastly the nst monthly chart as a comparison showing that it is performing better than the gdx which is filled with larger hard to move badly managed stocks

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gdx just confirmed her daily cycle low which was printed 3 days ago; yesterday. This would likely mean another impulse run is here.

NST Price at posting: $14.88 Sentiment: Hold Disclosure: Held
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(20min delay)
Last $14.82		Change -0.110(0.74%)		Mkt cap ! $17.05B

Open	High	Low	Value	Volume
$14.76	$14.87	$14.76	$6.000M	405.1K

Buyers (Bids)

No.	Vol.	Price($)
16	4879	$14.81

Sellers (Offers)

Price($)	Vol.	No.
$14.83	4409	27

View Market Depth

No.	Vol.	Price($)
15	4788	14.810
15	8529	14.800
11	8425	14.790
10	4280	14.780
11	8253	14.770

Price($)	Vol.	No.
14.830	5036	25
14.840	5950	14
14.850	4347	9
14.860	8261	10
14.870	2797	8

Last trade - 11.12am 22/05/2024 (20 minute delay)


Last $14.78			Change -0.110 ( 0.99 %)
Open	High		Low	Volume
$14.81	$14.87		$14.78	53838
Last updated 11.31am 22/05/2024 ?

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