KGD trade ideas
Aussie Gold Mining StocksBoth stocks are ASX gold mining stocks. One of my followers suggested GBR 5 days ago, made about 40%.
My stockpick is similar but KGD has a longer history.
Their values on 9-Oct-2017 are as follows:
KGD: RV=1.03, RS=0.79, RT=1.21, CI=0.42
GBR: RV=1.16, RS=0.78, RT=1.41, CI=0.56
When we use VectorVest, RT crossover is very important. I believe RT's mathematical calculations on its moving averages are very similar to MACD and stochastic oscillator.
Anyway, GBR's RT crossover Up was 28-Aug-17, it gains 84% so far.
For KGD, the three indicators crossover up happens on the same day.
The Australia's gold mining industry shows MACD crossover Up, too. Let's see how these penny stocks shine.
