HMY, TGD, VGZ-I got a nice execution on TGD today at 0.35. It could have been worse, could have got in at 0.39 or so but at least I’m in at the current support level.  The stock is currently up 10% a/h.  May look to just take my profits and run tomorrow at open as 0.4 seems to have high resistance.  Definitely will be watching this for most if not all of July and will attempt to trade it every week by predicting which way the market is going.  Gold stocks are my top watch this week, especially TGD as it is the most predictable. 

There were actually some big spikers today to my surprise.  But it appears that stocks won’t be spiking big two days in a row so each day we need to predict who it will be today.

 

RLOC-This is up 160% a/h on news that it is being acquired by Gannett. Its currently sitting at over a year new high.  Its hard to judge the chart on this one as the next resistance level is 7.59 and there is a lot of downside.  This is most likely overhyped and will drop to the 90% range from its current 160% position.  Either way, keeping an eye on it.

 

 

GALE-I really like the chart on this one.  It has had a nice climb so far this year and is currently in consolidation mode.  Its up 6% a/h on no news but I’ll be watching this strictly for a buy into support levels.