Hamilton's E-Wave Analysis

ABX update

abx feb 8 2016

It has happened a little faster, we are now well above $16 and have left a small gap on the open. Luck favours the brave, so sticking to our target of $23 may be the most beneficial strategy. The $23 is the normal target after a diagonal, it is very reliable . Perhaps it might even go higher but we would certainly not want to outstay our welcome. Both and MACD are pointing to an imminent turn.