Sunday, May 24, 2009

Gold & Silver Stocks Breaking Out


Precious Metal Stocks

Several gold and silver stocks are breaking out today (5/20/09). It remains to be seen if they hold and obtain, but right now it is occurring.

Many of these stocks have been on our stock watch list, in the portfolio, and or in recent email updates.

Following are the charts of some of those breaking out today: GG, AEM, GFI, PAAS, and SLW. There are others as well.

There is nothing much to say that the charts aren't saying, except that breakouts can fail and they need further confirmation from both price action and volume. (more)

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