GOLD: I don't understand what's so complicated about Gold.

Below 1920: Must avoid.

Above 1920 on weekly and monthly closing basis: Breakout of epic proportions.

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#Bitcoin

Monthly divergence may come into play.

I said best case scenario is market dump over next few months, and it's happening now.

I won't be surprised if it takes off to new all time high after flushing out new entrants.
I did this comparison between Aarti Drugs and Tata Elxsi back in Oct when Tata Elxsi was at 1200-1300. Now it is 4200+.

Here is one more stock displaying similar characteristics: Mayur Uniquoters.


#MayurUniq

Coming out of 7 years consolidation.

Weekly and monthly RSI crossing over 70.

Can it do what Aarti Drugs and Tata Elxsi did in last 1 year?


#MayurUniq

Monthly RSI crossed over 70 in Sep'09 and stayed till Sep'11.

Stock did 5x in that time.

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