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#2 Gabelli Global Gold, Natural Resources & Income Trust (GGN)
Gabelli Global Gold, Natural Resources & Income Trust (GGN) is
a non-diversified, closed-end management investment company that offers investors a way to participate in major metals mining stocks. It is one of my
favorite stocks to trade and has provided a steady dividend return.Note the huge rectangle with a bottom at around $12 and a top at $16. This year GGN has traded from the bottom of the rectangle to the top three times,
and is now going for a fourth run at $16. This has been a nice, predictable trade — especially for a stock with a dividend yield of close to 12%, which
is payable monthly.Check out OptionsZone.com’s Technical Analysis 101 section.
5 Top-Notch Technical Trades
Article printed from InvestorPlace Media, http://www.investorplace.com/2009/07/technical-trades/.
©2012 InvestorPlace Media, LLC
Five Top-Notch Technical Trades
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Technical Trade #2 – Gabelli Global Gold, Natural Resources & Income Trust (GGN)
Gabelli Global Gold, Natural Resources & Income Trust (GGN) is a non-diversified, closed-end
management investment company that offers investors a way to participate in major metals mining stocks. It is one of my favorite stocks to trade and
has provided a steady dividend return.Note the huge rectangle with a bottom at around $12 and a top at $16. This year GGN has traded from the bottom of the rectangle to the top three
times, and is now going for a fourth run at $16.This has been a nice, predictable trade — especially for a stock with a dividend yield of close to 12%, which is payable monthly.
Get your FREE Guide to Technical Analysis here!NEXT: Technical Trade #3 – iShares MSCI Emerging Markets Index Fund
Article printed from InvestorPlace Media, http://www.investorplace.com/2009/07/technical-trades/.
©2012 InvestorPlace Media, LLC
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