despite..5 Jan 2019 13:12
what our friend on here suggests, its very difficult to judge buy opps based solely on charts, particularly with where SOLG is placed with recent buy ins form majors and the number of other projects in our portfolio.
If it was a simple as that they certainly wouldn't be wasting their time posting on here for us mere mortals.
fundamentals, gold and copper price, likelihood of takeover or other transformational news,such as new discoveries or Major taking further stakes, global economic factors, market trends, sentiment, etc etc.
All we can do really is do our research, then a bit more, finally a bit more.
Get to know the trading range of a share by all means but its very difficult to get in at a bottom and out at the top.
Thats the main reason I don't trust those who come on here claiming just that, mainly as they weren't even here in the early days, so they missed that opportunity straight off, despite their alleged wisdom.
With Newcrest recent purchases at 40p, and BHP at 45p then for me I am comfortable topping up at these prices knowing it could well drop further as that is the nature of the game.
I have no respect what so ever for the hindsight alleged gurus who despite being negative when they are waiting to get in, some how always manage to hold some or bought in when we have risen.
Its laughable really, what I don't underwent though is those with common sense on here who believe their nonsense
Wishing everyone, including the guy with a bigger meat and 2 veg than the rest of us, a happy and healthy 2019 :-)