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Author Topic: MDW - Small Gold Stock with Strong breakout on Above Av. Volume
Trader273933
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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!
Posts: 35 | From: Florida | Registered: Jan 2011  |  IP: Logged | Report this post to a Moderator
BooDog
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MDW hod 2.27 nice call.

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All post are my opinion. Do your own DD. Who's clicking your buy/sell button!?

Posts: 7754 | From: Virginia | Registered: May 2006  |  IP: Logged | Report this post to a Moderator
   

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