We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in green with invalidation in red. Fibonacci goals, it is prudent to suggest, are nothing more than mere fractally evident and therefore statistically likely levels that the market will go to. Having said that,...
Gold Resource Corporation explores for, develops, produces, and sells gold and silver in Mexico and the United States. It also explores for copper, lead, and zinc deposits. The company's flagship property is the Aguila project comprising 18 mining concessions covering an area of approximately 24,372 hectares located in the State of Oaxaca, Mexico. The company was...
GORO ahead of 120% rise. The financial and fundamental background of the Company is excellent. Its acquisition in the last quarter increases the future value of the company by nearly 10x. This is not reflected in the current share price, and therefore could have significant upside potential. The technical picture suggests a similar picture. I have plotted 3 ATR...
(Another one from the watchlist doing well) New possible entry with Break above 1.98, Stop signal 1.77, First target 2.33, Target 2 2.93
*This is not financial advice, so trade at your own risks* *My team digs deep and finds stocks that are expected to perform well based off multiple confluences* *Experienced traders understand the uphill battle in timing the market, so instead my team focuses mainly on risk management* My team has been analyzing $GORO for the past couple months. We have been...
GORO before rising.Gold Resource Corporation(GORO) Although its name refers mainly to a gold producer, gold mining accounts for nearly 20% of total production. It is also heavily involved in the mining of industrial raw materials (zinc, silver, copper, lead). The company has no debts. It pays dividends. Let's return to the technical analysis. The two green squares...
Enter at break of resistance and TP at designated area or when price starts stalling / crosses 13 period ma.
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See link for video explanation.
Looking for resistance to become support as price approaches and potentially surges past its 200 day moving average
Company Description: Gold Resource Corp. is a gold and silver producer, developer and explorer with operations in Oaxaca, Mexico and Nevada. It engages in the exploration, development, and production of metal concentrates and dore. Its products include gold, silver, copper, lead, and zinc. It operates through the following geographical segments: Mexico; Nevada;...
I like the price action on this chart. Reminds me of Bitcoin chart. ABC correction underway, and if price hits $2.60 area and we see green volume rushing in then that would be a good sign we are on the next wave up (Wave 3).
Stock found with my new stock screener, testing the success rate and watching which way this descending triangle breaks