Post by
Brioche on Nov 13, 2024 6:14am
For thoses familiar with the elliot waves theory
Xau is a pure textbook case from june .
If true what's the outcome ? After +/- 3 weeks of stabilisation from the selling climax of yesterday , the stock should start a long upleg ( many months ) taking easily the recent highs. This is not a reco , but a deep feeling i confess.
While RS keep on a total radio silence , i am sure he does what he said : either to buy property , or mp and repurchases according oppotunity . No doubt time for the latters is there.
At +20 mil net earning / y , the stock is completely oversold. For Q3 , no rsu, no tax ( ? ) , no mene , less shares , more rental income . To hope the client account will be maintained. No problem for the gold price. Gl
Comment by
megabid on Nov 13, 2024 11:59am
Yes, a few weeks down here would give an opportunity for bigger players to accumulate....for a stock to have a nice run it has to have some big holders at cheap prices that have no interest in selling,