GFI trade update not lookign good - We hit a red flag
Gold Fields we made a BROAD analysis over the medium term.
As it is one of the smaller gold companies, I like to widen the stop loss and take profit accordingly.
So, it's not hit our stop loss yet at R173.80. But it has broken below the uptrend.
Best we can do is just wait, hold and hope.
But if it doesn't work out it's just another 1.5% loss on the portfolio, never a biggy.
As it is one of the smaller gold companies, I like to widen the stop loss and take profit accordingly.
So, it's not hit our stop loss yet at R173.80. But it has broken below the uptrend.
Best we can do is just wait, hold and hope.
But if it doesn't work out it's just another 1.5% loss on the portfolio, never a biggy.
✅ Facebook:
facebook.com/groups/matitrader
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Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
facebook.com/groups/matitrader
🌐Website:
timonandmati.com
𝕏 (Formerly Twitter):
twitter.com/timonr
Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
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