$GORO snipe the floor

Updated
*My team digs deep and finds stocks that are expected to perform well based off multiple confluences*

*Experienced traders understand the uphill battle in timing the market, so instead my team focuses mainly on risk management*

Recap: My team has been analyzing GORO for the past couple months. We're long in gold and silver (which are produced by GORO) this summer due to the US dollar continuing to weaken. We opened our long position in GORO on 6/8/21 at $2.85 but the trade hit our stop loss at $2.60 and my team has been sitting on the sidelines ever since.

Today my team is taking another shot at GORO. This time we expect nothing less than success. My team entered GORO today at $2.05 per share.

Our first take profit remains $4.90.

OUR ENTRY: $2.05

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Trade closed manually
My team has exited GORO at $1.88 per share this week. We suspect negative market conditions to negatively impact GORO sometime later this week.
Beyond Technical AnalysisBullish PatternsChart PatternsCommoditiesGoldTechnical IndicatorsLONGmaterialsMetalsStocksXAUUSD

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