An update on the state space for the price of Detour Gold Corp. When we last checked, the price was confined to a Lyapunov-stable area centred around $30.
Over the past two months we have seen a price correction in Detour Gold (disclosure--long position), followed by a return to the $32 level.
The two-dimensional state space shows the correction as a minor excursion towards LSA23.
The system has returned to LSA30.
Over the past two months we have seen a price correction in Detour Gold (disclosure--long position), followed by a return to the $32 level.
The system has returned to LSA30.
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