LODE being a penny stock with high volatility is well positioned at the bottom of its range for an uptrend on the 2H chart to respond to the recent moves in spot gold and gold futures. Gold is increasingly in play due to macroeconomic uncertainties including the debt crisis, probabilities of a serious recession and the challenges cyptocurrencies are making...
GLD has been trending up and the chart shows that volume is increased in April / May as compared with March and is about relatively 2X. GLD is now priced at its all time high. On the trendline drawn, GLD is rising at a rate of approximately 5% monthly. Gold prices are reacting to economic uncertainties and the dollar value having its challenges. Today,...
Hi there, Yurii Domaranskyi here. Risk vs Reward = 1 to 60.33 ✨ It means if you risk here 100$ you may make 6033$ Not bad, huh?
Hi there! All the fundamentals I'll post in the next post, later.
Comstock Mining Inc (NYSEAMERICAN:LODE) remains one to watch. I think this stock will explode if positive news hits the wires. Investors are waiting for some kind of partnership with Tesla in Nevada (LiNiCo is located next to the Tesla gigafactory). From a technical standpoint, it is showing signs of bottoming out on the charts along with the MACD giving positive signals
*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* Recap: My team has been analyzing $LODE for the past couple months. We're long on silver this summer due to the US dollar continuing to...
*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 $LODE for the past couple months. We're long on silver this summer due to the US dollar continuing to weaken....
I will be trying to get a fill around 65 cents as that is the high of the previous impulse in this massive downward channel. As of now it looks as it could be a double bottom with strong buys from the 30 cents range. I am attacking at the top of the channel and this can be a risky move. Comstock announced positive income for second quarter which is a bonus. If...