marckyjay

marckyjay

This chart serves to show multiple support line bounces, with a a rising support line i was able to establish a good entry position.

marckyjay

being so consistent with the way it bounces off of the support and resistance lines im using them to help profit both of the upward and downward moves

marckyjay

using patterns, support and resistance to help predict moves \

marckyjay

XXII is showing a head and shoulders pattern, thus pattern usually means that the price will drop

marckyjay

XXII shows a strong head and shoulders pattern.

marckyjay

By looking at companies that mine gold and other raw materials, you can infer that the cost of revenue will not change with the price of gold and other raw materials. This is because no matter what the price of gold/ raw materials is, the cost to mine and refine the gold will also stay consistent. Now if you look at the cost of merchandise you can expect these...

marckyjay

CRBP displayed a head and shoulders pattern and was caught at support, would have been a perfect opportunity to profit if you caught the pattern early enough.

marckyjay

GLUU started to establish a reverse head shoulders pattern and it went up after the right shoulder

marckyjay

Momentum is starting to fade

marckyjay

AUY is directly affected by the price of gold, With the rising gold price you can anticipate the price of AUY to rise also, locked in a 50 cent gain.

marckyjay

ALCS just broke the channel leading into an almost 30 cent gain, RSI going well into over sold serving as another strong indicator.

marckyjay

Went long in TVIX after anticipating a bullish crossover, Went on to lock in a 1.18 cent gain over 2 days.

marckyjay

TVIX is in a good position to continue going up, If a bullish crossover occurs im expecting the price to climb to at least 15$

marckyjay

This chart serves to show how all three of these companies are affected by the price of gold, as you can see they hold very similar patterns.

marckyjay

This chart serves to illustrate the share prices of the companies being largely affected by the price of gold, as gold continues to rise we most likely can expect the prices of these companies to follow.

marckyjay

Went long in $AUY after a parallel channel breakout, using the channels to help establish an entry and an exit i was able to capture almost a 40 cent gain over a four day period.