RANDGOLD

Gapped down and breaking trendline currently.

Possible rounded top formation, very risky trade due to volatility.

If it breaks 6765 and finishes below this then target could be 1100 points lower.
Also bear in mind that the trendline would have been breached.

Stops would be hard to calculate as it may have to be above the gap.

Risky trade for the brave

DYOR

Hello remo,

Can you pls post a chart for randgold?
Thanks

broke trend line and now heading towards the target of 1100 points lower

dyor
remo

1100 points lower? lol

I just took a quick trade SB opened at 6420 and closed @ 6395.

Looks a good trade heading downwards but this share can motor either way. I remember being long around 5810p and closing @ 5910p and thinking I was a master trader until I saw it at 7600p+

If it goes above 6430p I might be tempted for another short.

This share can have problems so maybe a good one to feel happy overnight or weekends? (when short)

I am beginning to like new Charts View

I agree with you Elena. This share can rip you apart if not traded properly.
All the best.