Sunday, July 31, 2016

New Gold Position

I've been a miner
For a heart of gold
--Neil Young

Took a starter position in New Gold Inc (NGD) early last week. Nice looking cup-and-handle appeared to be forming.

After its earnings report, stock has broken thru resistance. Will look to add on a pullback close to that former resistance-turned-support at $5ish.

position in NGD

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