SOLD XRA $7.18
SOLD 1/3 HEAT $16.21
BUY ITX.TO @1.27
BUY FIRE $25.17
BUY DTG $23.94
SOLD 1/3 HEAT $16.21
BUY ITX.TO @1.27
BUY FIRE $25.17
BUY DTG $23.94
The big story of the day was the Fed announcement that they are keeping rates at 0.25% as expected. With this, we should see further declines in the US$ and commodities rise, especially gold which has pulled back recently and looks ready to move higher again. Oil was up huge today as larger than expected withdrawls in inventory looked bullish for oil.
Nice breakout in FIRE today with good volume, this looks like it will head higher.
DTG bounced higher today off the 50 day MA and out of the consolidation pattern. Target is Oct highs around $27.
ITX.TO broke higher from a pennant pattern with good volume. Use the 50 day MA just below as your stop.
MLNK looks to be forming a bull flag just above the breakout level of $9. Volume decreasing on the consolidation which is healthy. Look for another break higher soon.
GCE.TO and CR.TO continue to move higher after nice breakouts, as well as CMW.TO off the upward trendline and bounce off the 50 day MA!
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