Equity Oracle: 10/28/2011

In this week’s Oracle, we analyze Boise (BZ) and Gold Miners ETF (GDX). Although we are showing a strong green candle with the latter, the volume is not supporting the price action. This tells me it is time for us to take a profit in the stock. It will probably pull back a little bit before moving back up to fill the short-term price target that was identified in last week’s alert. I don’t know about you, but I’m happy with a 13% profit in just one week.

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About AJ Monte

As a premier trading consultant, AJ is one of the most sought after in his field. He teaches professionals specialized techniques on how to accumulate and protect wealth through innovative market techniques. TheMarke__404+

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