GOLD-Stocks to watch for tomorrow

Tuesday, January 18, 2011 ·


GOLD Stock Analysis
GOLD - Randgold Resources Ltd (ADR) listed on NASDAQ.
GOLD - Sector: Basic Materials, Industry: Gold and Silver.
GOLD gain 2.37% on 01/18/11 and a total percentage of 2.92% in the past 2 days
GOLD is trading in the range of $77.62 - $95.32 in the past 30 days.
Average True Range (Atr) is bullish for GOLD.
Commodity Channel Index (CCI) is bullish for GOLD.
GOLD formed a bullish 5-day exponential moving average and 9-day exponential moving average crossover.
Money Flow Index (MFI) is bullish and moving up for GOLD.
The 10-day simple moving average is bullish and moving up for GOLD.
Average volume increase over 5% for GOLD.
Stock performance base on day of week in the past 90 days.
Monday: -1.47%
Tuesday: -5.71%
Wednesday: -10.17%
Thursday: 3.06%
Friday: -0.33%
Next Earnings Release Date: 02/01/11.

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About this blog

I am a day trader. I think Day trading is more profitable than long term investment.For daytraders, there is one thing should always to remember- set a stop loss. In my first year in trading, I wasn't care about the stop loss,I lost a lot of money and I re-studied, watched and paper traded again.Then I made big profit return in my next two years.
Technical indicators is definitely a necessary tool for day traders and easy to learn, so I here to share my experience and provide you useful stock resource and online stock trading tips.
How do I trade:
Normally, I use combination of technical indicators such as MACD,slow stochastic, RSI,Moving average to pick the stock I want. I like to trade stock with support and resistance, or the stock with MACD and Slow Stochastic Divergence.