Kinross (K) is now back in bullish territory with the recent 10/200 EMA Cross over. For Long Term Trend followers, this is great news. And for some may prompt a buy signal. For more aggressive traders, they may have entered down at the 20 EMA Zone, I did and got kicked out on volatility a few weeks later. I will take the 16% or so. I never got another entry area as it whip-sawed hard during Christmas break. I trade with a 4% TSL due to my position sizing rules. For me, its time to find another good entry zone.
For Buy and Hold Investors, Kinross could also be a strong contender for your portfolio.
This is not investment advice, but simply a record of what I am watching, and a way to help me stay accountable for my trading decisions.
Trade and Invest smart. Always use your best judgement. Never Risk more than you can afford to lose.
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