US sanctions affecting Evraz share price today, plus many others e.g. Polymetal.
$ilver is trading inside of a symmetric triangle. These triangles are continuation patterns 75% of the time. The triangle should break higher or lower within the next couple of weeks. In addition, an inverse head and shoulders is also in play. My play on this move is TAHO, BCEKF, FSM and HL. LOCKED AND LOADED BABY. FOMC day is next Wednesday at 2:00pm ET. This...
Metals/Miners Liftoff (Wave 3) : This chart is a bit complicated for some, but it clearly shows the pricing pressure that is building for a massive price move in the Metals/Miners sector. I've been considering the move and what would likely be the catalyst for any explosive upside rally in this sector and I believe it will be related to global concerns with Debt...
DPM Canadian gold mining company mining in Bulgaria. 68% increased output and by recent research there is much more concentrated gold,silver etc... in the ground. Look at Financial Statements Debts have been decreasing for a while. Price of GOLD is going up so the mined gold reserves could be sold for a good price and FCFF will rise sharply. Very bullish on that...
Well here we go again. GDX is at the lower side of the trading box. A buy here with a stop directly below should produce a good risk reward trade. It won't be a straight line higher, but could reach the top of the box eventually.
The pattern is clear. Like the previous falling wedge happened at the end of 2015, we are approaching a similar structure. It is just a matter of time. I am optimistic. Dollar will collapse.
Break-out will happen when EUR/USD will clean up the 1.26 zone, at the same time DXY will fall again. Is just a matter of time. The entire dollar picture is deteriorating. The dollar will confirm a multi year decline when this will happen. Gold & Silver stocks are supposed to be the best investment for long term gains.
The mining sector has been through the ringer for 5+ years. 3-year inverted H&S bottom has completed. Including a hard retest the last 2 weeks. Target around 108
If you are one of the many who are looking at the stock price for the largest US Bitcoin mining company and are afraid that after todays 20% move that you missed out. Think again. MGTI is in a weekly cup and handle pattern meaning that a strong bullish move is just beginning. A price target into the mid 4s and higher is not unlikely.
Finally a buy opportunity that fit the fifth wave. Trade at your own risk!
DASH Buy: Target pice 470-500 Stop lost: 280 Resistance, 373, 413 For fast trader you can lock out your position if the price falls below the recent uptrend line. I go for LONG in dash with $500 target. We are talking about longer trades here,an investment even, maybe towards the new year. The MACD rises above and the price stands on longer term EMA. Base on...
GDX is forming a rising wedge. Sell the breakout. Cheers!
1h 3x macd div 2x rsi div 4h timeframe stoc --> down daily correction + more up stoc -> up
GDXJ looks pretty on a the daily right now. Trade at your own risk!