I am trying not to be an indiscriminate buyer. I added the shares of WDOFF back that I’d previously sold and bought and increased FNV. But I am still thinking about GDX below 31 for a minimum correction. Could be wrong, but they don’t give us the answers ahead of time. I also put in bids significantly lower at major support in GTBAF and MAIFF. Patience.
WPM is one that I am trying to be very patient about. I saw the big drop and thought about buying it but then I worked up the chart and said ‘hey, why buy the puking of others just yet?’. With patience, the chart says that 33 to 34 could be had. That is an area that includes the first real support level and a full 50% Fib retrace of the entire rally.
A reminder that chart based NFTRH+ updates are technical trade setup ideas, which may not be revisited as the technical parameters are already noted. These updates are meant as a starting point for your further research if interested. I will not personally buy every item highlighted and will sometimes sell (ref. Trade Log) any item that I do buy below target (assuming I’ve not stopped out or sold for some other reason) as I often do. Also please be aware that I am not a fundamental stock analyst. Due diligence is your responsibility.
