YAMANA GOLD, READY, SET AND GO

От davidhaiyangzou
Обновлено
Consolidation and built up the momentum to hopefully ready to go. Held $4.67 resistance and should take off from here.
Pay attention to $5.11 breakout and stay above at closing. this will take off to $7.50 with help of gold price and some encouraging earning report.
Layered in 1000 at $4.80, pull the trigger a little too early, but hopefully all worth it in the end.
Also news about up the dividend should keep the investors around for a little longer
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Showed some momentum today, and getting close to buy point of $5.0. must hold it at closing to get in the second batch
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Hard to trade in this environment, maybe take a break from the market and come back later.
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Looked again on the daily and weekly chart, both show trending up on 10, 30, 50, 200 MA. Need to have catalyst to break the resistance. Too many short term interest in here, need people to come in and hold for long.
Trend Analysis

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