ABX dual-entry system:
It is plain cheap with $1.81 in trailing earnings against a $16.45 stock price, which is 11% earnings yield.
The stock is oversold and very cheap compared to "the market". See text in the chart.
Using the 21-day CCI (Commodity Channel Index), it is safer to wait for this to rise to -100 to enter, as noted on the chart on the previous 7 instances.
Tim 2:12PM EST May 19, 2014 Now ABX is up to $16.52 last
It is plain cheap with $1.81 in trailing earnings against a $16.45 stock price, which is 11% earnings yield.
The stock is oversold and very cheap compared to "the market". See text in the chart.
Using the 21-day CCI (Commodity Channel Index), it is safer to wait for this to rise to -100 to enter, as noted on the chart on the previous 7 instances.
Tim 2:12PM EST May 19, 2014 Now ABX is up to $16.52 last
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