Sprott's junior miners are primed to outperform going forward and the stock is at bargain levels here .
Comment:
Head and shoulders pattern right ? Maybe ...
This trade is based on the premise of a possible head and shoulders failure buy signal . This is when the right shoulder is taken out triggerring a pile of shorts to revert to long causing an even bigger move than the initial head and shoulders would have had it played out on the downside . This is why im getting in early here with minimal risk .
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This trade is based on the premise of a possible head and shoulders failure buy signal . This is when the right shoulder is taken out triggerring a pile of shorts to revert to long causing an even bigger move than the initial head and shoulders would have had it played out on the downside . This is why im getting in early here with minimal risk .