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Monday 5/8/24 (after Close)


I tend to ignore the POG at times, then I tend to look for stocks that have “UP Days “, that is, their SP is DOWN , but for the day, they have a Green Candle, meaning that the SP for today has actually risen from Open to Close…. Stocks such as NEM, NST, RIO, NWS, PLS, SGM, SKC, FXG, IGO, RHC, & SFR just to mention a few… (check out the Candles)....


These are the stocks that have already begun their recovery from the current pullback - A lot of other stocks will not start their recovery for a few more days....


Then there is RMD, who have a RED Candle today, their SP closed 2/8/24 @ $31.80, their SP for today was $32.73….


These are the stocks that interest me – Forget what’s happening to Gold….


Focus on the +ives….


NOTE:-  I might just add that my Candlesticks reflect each individual day’s action - the adage that Candles are governed by "yesterdays close to todays open" does not sit well with me....


Cheers..

DrB.


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