Professor’s Comments GDX 1/23/17

Posted by OMS  at January 23rd, 2017

I’m going to take a few bucks off the table on GDX. The ETF is overbought and I don’t like how the volume and Money Flow indicators are diverging today as the stock moved up.

Selling GDX at 23.75 for a 12.4 % profit.

That’s what I’m doing,

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