Kinross (K) is now back in bullish territory with the recent 10/200 EMA Cross over.
For Long Term Trend followers, this is great news.
And for some may prompt a buy signal.
For more aggressive traders, they may have entered down at the 20 EMA Zone,
I did and got kicked out on volatility a few weeks later. I will take the 16% or so.
I never got another entry area as it whip-sawed hard during Christmas break.
I trade with a 4% TSL due to my position sizing rules.
For me, its time to find another good entry zone.
For Buy and Hold Investors, Kinross could also be a strong contender for your portfolio.
This is not investment advice, but simply a record of what I am watching,
and a way to help me stay accountable for my trading decisions.
Trade and Invest smart.
Always use your best judgement.
Never Risk more than you can afford to lose.
Follow me at www.wealthandgrowth.com
For Long Term Trend followers, this is great news.
And for some may prompt a buy signal.
For more aggressive traders, they may have entered down at the 20 EMA Zone,
I did and got kicked out on volatility a few weeks later. I will take the 16% or so.
I never got another entry area as it whip-sawed hard during Christmas break.
I trade with a 4% TSL due to my position sizing rules.
For me, its time to find another good entry zone.
For Buy and Hold Investors, Kinross could also be a strong contender for your portfolio.
This is not investment advice, but simply a record of what I am watching,
and a way to help me stay accountable for my trading decisions.
Trade and Invest smart.
Always use your best judgement.
Never Risk more than you can afford to lose.
Follow me at www.wealthandgrowth.com
Comment:
It may be time to take profit on this long trending stock.