GLEN

There is a lot of 123 breakouts today...There are also a lot of 123 set ups in the mining sector for next week. Have a look in the interesting chart section for the coming week.

another one for the 123 file..

dl.dropboxusercontent.com/u/4385922/glenxta.png

This has now broken the trend line so lower prices may follow.
The first attempt basis trade is only ever good for the first attempt

This bounced of the trend line on first attempt basis today This was from the interesting chart section Should be a free trade based on the first attempt basis.
If this test the level latter on today it would be risky to attempt a long again due to the weakening factor.

This hit 356 on Thursday, breaking the 200MA.

I have got RIO, Glen and most of the miners going one more leg down before I take any long decisions. Rio is on top of my radar - and this is also on the way down.

screencast.com/t/1H0tJihAwi

It looks like there may be an opportunity to go long very soon at 355ish. Potential target 447. Stop loss 345.
As always DYOR.