Saturday, August 16, 2014

Goldcorp Inc. ($GG) 8-17-2014



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Goldcorp Inc. ($GG) has been stuck in a channel for a few months. I entered on Tuesday at $28.78. The Gold Miners have been acting better recently, and I'm looking for a breakout above $29.65. First target is $32. Stop is placed right below the bottom of the channel at $26.75. Aroon Up signaled a new uptrend on Tuesday.



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Disclaimer : This is not an investment advisory, and should not be used to make investment decisions. Information in NC Investor Blog is often opinionated and should be considered for informational purposes only. No stock exchange anywhere has approved or disapproved of the information contained herein. There is no express or implied solicitation to buy or sell securities. The charts provided here are not meant for investment purposes and only serve as technical examples. Don't consider buying or selling any stock without conducting your own due diligence.

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