Would You Buy This Stock ?

readtheticker
updated | Author's Website

Many have missed getting in on the lows, the gap up on stocks after the fiscal cliff deal made it so. Here is one stock that is lagging but ready to roar.UPDATED
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Update1: The curse of posting. Days after price smashed through supporting trend lines. Chart is broken. However selling to strong support means GDX stays on the watch list. Also note RGLD and AUY not so bad.

Stock Symbol: GDX

Others to consider: AUY, RGLD

Trend, price and volume action has been looking good.

The lines are Fibonacci speed lines on a Gann 1×1 chart. So long as price holds the lines it is currently on the trend is good to go!

GDX 1

and…

GDX 2

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