TSX:LSG.DB - Post by User
Post by
LexMark747on Aug 19, 2013 8:03pm
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Post# 21682211
Moving Averages Are Impoetand
Moving Averages Are ImpoetandMoving Averages Are Important.
Gold ..... 20 DMA......$1,326.00
.......50 DMA......$1,307.00
This correction could take us to either one of these two Daily Moving Averages. But at the same time it doesn't mean that gold has to go this low. The moving averages act simply as a support level.
Lake Shore Gold ........20 DMA .....38 cents
........50 DMA .....34 cents
And again LSG could go to either of these two DMA. And again it doesn't mean that it will.
The HUI Index ..... 20 DMA ....248.35
..... 50 DMA ....240.01
The HUI is a gold bug index ...... On.....( stockcharts.com ) your symbol would be ($HUI) ....... Your symbol for gold would be ($gold) Your symbol for Lake Shore Gold would be ( LSG.TO )
I myself follow The HUI Index, The Gold Index along with LSG
For any of you out there that are not familiar with this site just go to www.stockcharts.com and punch in your symbol. IT'S A FREE CHART SITE.