Is This The Start Of A New Bull Market For This Forgotten Sector?

For years folks have said, you have better chance of seeing a unicorn, than this sector move into a bull market. Wait! Is that a unicorn!

On Oct 8th 2014 many gold and silver stocks posted a wide ranging spread day off a low support zone with solid (and in some cases extreme) volume. The high volume off a bottom can be considered demand, but be careful that there is also supply around, a minor test may be required to prove that today action is true demand. 

A good start.

Review: (GDXJ), (SIL), (GDX), (GCC), (SLW), (HL), (RGLD).

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Investing Quote...

.."Tape reading was an important part of the game; so was beginning at the right time; so was sticking to your position. But my greatest discovery was that a man must study general conditions, to size them so as to be able to anticipate probabilities."...

Jesse Livermore

.."It's not whether you're right or wrong that's important, but how much money you make when you're right and how much you lose when you're wrong"..

George Soros

 

We at readtheticker.com hold the view that a mix of stock chart technical analysis, Richard Wyckoff, William Gann and Jim Hurst methods plus market fundamentals allows the investor to formulate a ...

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