The Second in a series of 12 stocks leading up to Christmas. These are pure HPS set ups and I will personally take each set up when and if it triggers. You can follow along on www.daytradingradio.com live everyday from 8;00am-4;00pm et
Remember this is a buy on a break above 23.50
You could also substitute the GLD etf as they should move together (GLD a little stronger)
If the chart of gold cant tell you much (double -bottom similar to the 2008 retracement), try with NEM... as it has just formed a nice H&S inv. At the neck b/o w/ volumes TGT could be the yellow upper parallel with a double gap-fill and the 144 sma, which looks to be playing with the same GLD.
RSI div +
Correlation >0 and growing
