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Wyckoff defined three market laws:
1. the market is determined by supply and demand .
2. prices are the result of the considerations of market participants (bulls as well as bears) and therefore never random.
3. changes in volume and price, allow for predictions of shifts in supply and demand .
Wyckoff's trading method:
1. determine the current market situation and the respective trend
2. look for stocks with relative strength compared to the overall market (bull market) and vice versa.
3. look for stocks that are in the accumulation phase. Are there any chart patterns that indicate this?
4. how does the stock behave in case of resistance/support and how is the price/ volume change
5. determine the time of entry and set StopLoss
To Coeur Mining in Q.1 2020:
85,635 ounces of gold , 2.7 million ounces of silver , 3.2 million ounces of zinc and 2.4 million ounces of lead in Q.1 2020 are mainly produced in the USA (58%), Mexico (36%) and Canada (6%). The main revenues are from the Palmarejo, Rochester, Kensington, Wharf, Silvertip and San Bartolomé mines.
The main investments for further development are made in the Palmarejo, Kensington, Sterling, Silvertip, Rochester & Greenfield mines.
Greetings from Hannover, Lower Saxony
Stefan Bode
1. the market is determined by supply and demand .
2. prices are the result of the considerations of market participants (bulls as well as bears) and therefore never random.
3. changes in volume and price, allow for predictions of shifts in supply and demand .
Wyckoff's trading method:
1. determine the current market situation and the respective trend
2. look for stocks with relative strength compared to the overall market (bull market) and vice versa.
3. look for stocks that are in the accumulation phase. Are there any chart patterns that indicate this?
4. how does the stock behave in case of resistance/support and how is the price/ volume change
5. determine the time of entry and set StopLoss
To Coeur Mining in Q.1 2020:
85,635 ounces of gold , 2.7 million ounces of silver , 3.2 million ounces of zinc and 2.4 million ounces of lead in Q.1 2020 are mainly produced in the USA (58%), Mexico (36%) and Canada (6%). The main revenues are from the Palmarejo, Rochester, Kensington, Wharf, Silvertip and San Bartolomé mines.
The main investments for further development are made in the Palmarejo, Kensington, Sterling, Silvertip, Rochester & Greenfield mines.
Greetings from Hannover, Lower Saxony
Stefan Bode
Comment:
https://t.me/stefan_bode_analysen
Zins oder Dividende? Aktien oder Anleihen? Was sind Wandeloptionsanleihen?
Immobilien oder Rohstoffe?
Sind Lebensversicherungen sicher?
Geld richtig investieren!
http://www.fondslounge.de
Zins oder Dividende? Aktien oder Anleihen? Was sind Wandeloptionsanleihen?
Immobilien oder Rohstoffe?
Sind Lebensversicherungen sicher?
Geld richtig investieren!
http://www.fondslounge.de
Comments
Great analysis and great tip!
I am into Barrick as well. I just wonder what happens when Corona hits really big for the strong second up-wave (exaclty like elliot on the stock market), are the miners still able to mine with all their workers etc? Does anybody know how it affected the actual work? Did they just continue even though the infections were the highest in these work groups?
I am into Barrick as well. I just wonder what happens when Corona hits really big for the strong second up-wave (exaclty like elliot on the stock market), are the miners still able to mine with all their workers etc? Does anybody know how it affected the actual work? Did they just continue even though the infections were the highest in these work groups?
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Thanks Stefan...I have been waiting for these last two months for some time and Eric Sprott said end of last week he was buying a huge quantity of silver. Coeur is one of my many holdings in silver and gold miners. The Canadians Eric Sprott and Rick Rule are the two most knowledgeable on miners and the Sprott weekly update is great. Your followers won't go far wrong on miners if they follow the advice of Sprott and Rule and QE gone mad continues.
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