The commodity cycle turned. The company's shares turned to a long position. The company's performance improves, production increases, profit increases. However, the company still cheap! Enterprise Value/EBITDA 3.25 ! Price/Earnings 5.7 !! Debt/EBITDA 0.2 !!! Show me a company with these figures!? How is that even possible? This is possible only in the...
Harmony Gold is following the correction seen across the gold miners. I see two similar counts playing out over the next few weeks: Blue count: the whole wave C is an ending diagonal and we are currently in wave iv of the final move down. Red count: an alternative count would see us fall to lower lows beginning of next week to complete wave iii of C and then...
ABC Wave 38.2/50 Retrace expected Stops below 78.6 1.618 Extension Target Happy Trading Guys.
If you are into Harmonic patterns, here we have a cluster via patterns (Butterfly&Deep Crab) POTENTIAL SELLING AREAS ARE AS SHOWN IN THE CHART ABOVE (use in confluence with other "signals") Happy Trading
The Harmony Gold Mining (HMY) Daily Diagram Technical Analysis Training shows the following: The (HMY) share reacted yesterday making a bullish engulfing that we expect a confirmation today. Yesterday, at the end, almost all Gold Mining Shares turn upside. RSI is oversold. MACD is bearish. The share is under the KUMO, the Kijun Sen and Tenkan Sen too...