MDW broke out today on strong above average volume. No resistance until 2.40 and then massive breakout possible there. GLD - the Gold Bullion ETF, which gold stocks track, also broke out to and all time high today which symbolizes a huge gold move is in play here. There could be some very strong carry over momentum in low priced gold stocks in the next few days to weeks. I am long some of this and will look to add on the open because I think this one has strong potential. Also see SWSH my other call I posted on here yesterday which had a huge breakout today of 1.00 per share from my 6.75 entry yesterday!
Posted by BooDog on :