The precious metals sector is bullish, and GPL is one of my favorite picks.
It's been two years since it launched out of its 2016 lows, and it has consolidated since. It remains near the bottom of its consolidation range.
It's currently coiling just above the 200dma (40wma) which offers a good short-term stop for risk management.
Prior highs are at $2.30 and $5, which are pretty large gains from here.
I made great gains riding this in February. I re-entered at $1.19 recently. I will add if Silver or Gold bounce off their 10dma.
It's been two years since it launched out of its 2016 lows, and it has consolidated since. It remains near the bottom of its consolidation range.
It's currently coiling just above the 200dma (40wma) which offers a good short-term stop for risk management.
Prior highs are at $2.30 and $5, which are pretty large gains from here.
I made great gains riding this in February. I re-entered at $1.19 recently. I will add if Silver or Gold bounce off their 10dma.