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Royal Gold, Inc. Message Board

  • thetechtraderca thetechtraderca Jun 13, 2014 8:14 AM Flag

    Harry Boxer's Charts of the Day

    Harry has posted Charts of the Day video on RGLD at TheTechTrader site noting: Royal Gold, Inc. (RGLD) broke our across a 3-month declining channel in the confines of a larger channel. It could have already moved up wave one and two, with the second wave a 3-wave pullback. Thursday, a significant day because of the declining topsline and the 10-, 21- and 50-day moving averages that were taken out with a thrust, the volume picked up to 627,600. The next target is up around 70. Then there should be a quick move to 72, take out the March high, and run up to the mid 80’s potentially.

 
RGLD
69.15-0.02(-0.03%)Jun 27 4:00 PMEDT