Golden Energy – [ Recovery Came and Went Up More Than 10%]

29th August, 2017, 11:50 PM

Golden Energy – [ Recovery Came and Went Up More Than 10%]golden en

Golden Energy a coal related stock which we blogged less than a week ago made a very nice recovery of more than 10% moving to a day high of 0.475.

A nice volume came in since we spotted the breakout at 0.42. It touched 0.42 three times and broke out. It is marching on towards our eventual target but of course being prudent we would want to shift our trailing stop up in order to protect our profits.

Want to know more about how we select stocks? Or want to know how we been spotting stocks during the recent rebound? Simply Contact Us and we’ll be more than willing to share with you.

Yours

Humbly

Kelwin&Roy

Golden Energy – [ Recovery In Sight]

23rd August, 2017, 12:45 AM

Golden Energy – [ Recovery In Sight]golden

Recently Coal related stocks had some movement like Geo Energy and blackgold natural. We’ll be watching Golden Energy for this round.

What we like is that the base has been tested twice at around 0.36 and started to move and even breaking the downtrend line we drew. It is currently resisted by the 0.42 horizontal line but we might see it break through it in the coming days. The moving average are starting to slope up too.

Our entry would be 0.42 on wards with a stop loss of either 0.40 or 0.36. Golden Energy looks more like a swing trade so we’ll take it nice and slow. The rebound target ultimately could be at 50 cents.

Yours

Humbly

Kelwin&Roy