NEW GOLD INCUpdated NGD - Premarket
Following this stock for today. I'm hoping to enter my position later today before the market closes. Anyone else trading this one? The reason why I am waiting to enter is that the current price is trading really close to resistance levels (1.64$). I'm interested in finding out whether the price will break through its resistance level or if the price will dip below it. I appreciate comments and thoughts from other traders.
MY THOUGHTS - Current price (1.58) will drop, hopefully closing at a loss. My position is dependant on this event. If I enter today's position at a loss, I'm hoping I will be on time to ride the next wave tomorrow, or throughout the week.
MY THOUGHTS - Current price (1.58) will drop, hopefully closing at a loss. My position is dependant on this event. If I enter today's position at a loss, I'm hoping I will be on time to ride the next wave tomorrow, or throughout the week.
Trade closed: target reached
Ohh well hahah the price didn’t close at a loss but at least i got to buy at the same opening price.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.