Kimble Charting Solutions Blog

Gold stock flag pattern breakouts…

Posted by Chris Kimble on 04/05/2011 at 11:39 am; This entry is filed under Gold Stocks.

Gold stock ETF (GDX) and the Gold miner ETF (GDXJ) both have created what looks like flag/pennant patterns of late.

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Game Plan....Would want to be an owner of these ETF's.  The stop should be just below the top of the flag/pennant pattern.  These ETF's are aggressive with large movements in both directions!

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