BullBearMkt

Warren Buffett Bought Barrick Gold Stock Should You Also?

Long
NYSE:GOLD   Barrick Gold Corporation
It was announced last week that the CEO of Berkshire Hathaway, Warren Buffett, bought 1.2% of outstanding stocks of Barrick Gold between 26 & 27. Should you also buy the stock? I think you should follow where money goes... however, looking at the daily chart, immediately after the announcement, the stock price gapped-up thereby creating liquidity void. It will be good to see price filling this gap & any price rejection between 27 & 28.85 will be a better time to follow smart monies as long as the general market sentiments remain bullish.

N.B
- Let emotions and sentiments work for you
-ALWAYS Use Proper Risk Management In Your Trades

Smart Monies trade on Emotions and Sentiments. Let them work for you in taking calculated risks...

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