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RileyReed1
Sep 25, 2023 11:36 PM

Kinross Gold Corporation (KGC) Short Sell? You tell me! 

Kinross Gold CorporationNYSE

Description

Ascending and Falling wedge patterns identified. Without recent news with KGC or really any of the gold industry, this stock leaves us with a TA of what we believe could happen.

By establishing boundaries to protect yourself at the bottom, this stock could see a continued reversal out of the falling wedge established beteween 2020-2022. Or, the ascending wedge could cause a free fall below $4.00.

Let me know everyone's thoughts!
Comments
TheLeadingIndicator
Am I your first follower? If so, I’m glad. I look forward to your future content. Here is my bullish Kinross Gold forecast. Let me know your thoughts. Cheers.
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