nick.holland78

Harmony Gold (HMY) - Daily

לונג
NYSE:HMY   Harmony Gold Mining Company Limited
1
I'm layering in orders at retrace levels indicated. Note the % differences. This is a HIGH RISK strategy if anyone were to follow me. A much safer entry is after a 3-wave retrace to support as indicated, followed by taking out the 4.18 high. That said, there's no guarantee of a retrace at all, or certainly not of a deep retrace.

Red line indicates the initiation of the supposed Ending Diagonal to - again supposedly - end the long-term decline.

Trade safe. Capital preservation is paramount. DO NOT RISK MUCH on high risk entries.

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