Friday, August 27, 2010

Thirsty?

I think BVN's Weekly chart is very bullish. This series of patterns (a cup and handle forming the handle of a much larger cup and handle) is suggesting a large move up. BVN is a major gold and silver producer. And I (of course) am very bullish on gold and silver.

This would also tie into gold's very positive seasonality which I talked about a few weeks ago here: My hat is old. My teeth are gold. And now my story is all told.


Disclosure: I have a long position in BVN
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