The_Patterns_Guy

KGC could go either way, betting goes long

NYSE:KGC   KINROSS GOLD CORP
KGC formed a H&S (dominate pattern) however it has also formed a double bottom . the H&S is ever so slightly trending up. Always keep with the trend.

Also, if you believe gold is undergoing a bottoming out for a potential breakout this year, this is an excellent stock to follow. This is from their most recent earning report:

"The price of gold is the largest single factor in determining profitability and cash flow from operations, therefore, the financial performance of the Company has been, and is expected to continue to be, closely linked to the price of gold . "
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