Barrick Gold (ABX),
a large gold mining company, has been on the price upside since
July 2002, but the stock looks like it could be topping out. ABX
set an all-time high at $34.65 on July 23, 2007 that represented
a possible triple top, a bearish formation.
Be careful buying ABX at these high prices.
Related Articles:
Buy Gold
Stocks Only On Price Dips
Portfolio of Gold
and Silver Stocks
Price Upsides
Often Occur in Three Stages
Price Patterns - Triple
Top Signals End of Upside Move
Recurring Mini
Cycles Afford Many Trading Opportunities
Posted August 4, 2007.
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