Tuesday, September 28, 2010

Chart of the Day

Today's Chart of the Day is a Peruvian gold miner, BVN. After weeks of consolidation around the MA(20), it finally broke the 42.70 level today, and it did so on decent volume. I had blogged about this stock this weekend and again today as it was just trying to break this level. I got in at 42.80. Hope some of you readers played this too! With the momentum that the gold bulls have, and the consolidation this stock went through, I expect this stock to have some legs here.

Here is the post on gold stocks from earlier in the day in case you missed it.

Take care and good luck.

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