Broken out of 1.5 years long channel. Will the backtest succeed?

2024年11月2日

Broke out exactly after 19 months. Coming back down to backtest the channel. Will it bounce at 50 DMA? It depends on what gold does. If Peter Schiff is right AND if their gold mines are worth their "salt", then we could see 21 cents.

2024年11月13日

交易進行

50 SMA is still holding it. Common future Golden Cross. Last cross was epic.

1月8日

註釋

Correction: "Common" -> "Coming"

We went back in the channel but we are strongly breaking out of the channel again because of the detailed report from the company.

1月8日

註釋

Also MACD is curling up and could turn positive/bullish.

1月13日

註釋

Volume is increasing. MACD is bullish. Price could be similar to August 2024 where it surged 120% after it broke through the channel.