RE:Weekly TA of KL...oldfx1 wrote: anyone else out there SELL their KL position at $69.00 off TA ?...I Sold at $67.50 vs following the BS Pumping Trolls = always BuyBuyBuy!!
I trade off Weekly data so in the last 8 months I've place 2 trades...just because someone uses TA it doesn't mean they are a day flipper....last Buy signal at $55.80 followed by the SELL signal at $69.00 = +24 % Gains ( +21% gains at $67.50 )...and more Importantly I protected those gains from a - 42% DECLINE (off Aug Top so far)...allowing me to Buy a lot more shares at the next Buy signal...this is how $$$$ is made!!
STILL NO Buy signal = REALITY losing the key support at $50 was very Negative now a Key Resistance zone so next week Goal #1 CLOSE back above $50 into Fri Close...
https://tinyurl.com/2npt5kt8
Please let us know what factors determined that $55.80 was a buy signal, and how will you know when next buy signal has taken place. Thanks in advance.