I know this a popular precious metals stock alot of investors follow. Today its broken the bottom blue rail of a bearish rising wedge that has formed the right shoulder of a H&S topping pattern. You can see the neckline symmetry rail did a good job of showing us where to look for a possible high for the right shoulder.There could be backtest to the bottom blue rail around the 10.75 area. No one can see into the future but these charts I’ve been showing you on some of the precious metals stocks are talking to us right now. What will be the fundamental driver be for their weakness? We will all know AFTER the facts are in.
Tune in Tonite for a Rambus Wednesday Report if you want to know wtf is going on !