Birdseye88

Westhaven Gold - reverse head & shoulders in the making?

Long
TSXV:WHN   WESTHAVEN GOLD CORP
I like the mining sector. It's a sector that is so undervalued versus the general stock market that it almost a no-brainer to invest in it, especially now that the gold price seems to be bottoming out. This is the chart of Westhaven Gold, a gold explorer that has been beaten down for months and months, but the setup is beautiful for fans of classical charting. Entrance with a stoploss at 0.49. If the structure works out, this is a four-bagger based on neckline + (neckline -/- head).

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.