$GFI is an optimal pick when it comes to gold miners. The valuation is very good, and growth exhibited by the company this year exciting. The situation in South Africa has scared investors away, but I believe it will be a very interesting trend going forward. At the same time, this play serves as a risk off bet, which is welcome in the current enviroment. We are...
It has been a long road and you can see part of that under the $PYHH idea I previously published. $OSCI has filed a large number of financials in the past 2 days and I'm expecting them to go current on OTCMarkets.com followed by some news and hopefully production ramping up. We've seen a lot of activity over the past few months on the property, mostly posted to...
Gold miners are dirt cheap right now. Don't know how much the stock market crash will affect the miners so perhaps better to buy after that but still.
This is a conviction buy in my book, i am looking in the coming week to buy GDX with a stop around 20$ looking for some serios upside. There are so many different points pointing toward a strong breakout. Good luck!
Rio has successfully completed a rising wedge pattern - broke down the support line and now it's slowly going to test it. It seems like very likely the support becomes a new resistance and stock is going to go down. However, it has also stopped at the 50MA with slightly increased volume, which may signal also a support. Now, it is crucial to watch the lower trend...
An aggressive-speculative entry here could deliver amazing Risk vs Reward Opportunity.
Nice setup that possibly no one is watching. If a shift to commodities-metals happen, we could see a nice RR trade here.
challenged this area before and been turned back, may happen again but it will get through in time - on verra
Bulk of mine finance package now arranged, small residual left, which has been recently reduced in size. Finalising this should trigger re-rating. Excellent economics when fully developed. Approaching break of 200MA, RSI climbing and MACD looking good. Triple bottom in place.
The inverted H&S is pointed out pretty clearly. As of 12:30 EDT it is still forming what MAY be a right shoulder after a dip took place the last time it tagged ~298'ish. That is approximately where the neck line is. Keep an eye on this. Despite having run up well over ascending resistance last night (24 hours ago), the chart has shown pretty decent resilience.
The Hourly 100 SMA is holding support for the Bullish Marubozu candle formed on Friday. #standtuned
No position. The daily chart shows a bullish break from the downtrend that began in early June at ~$1,300/oz. Gold has strong support at ~$1,200/oz on the weekly chart - a level it has visited 3 times since breaking it as resistance in late January. Look for a break of the channel between ~$1,200/oz and ~$1,300/oz for confirmation of a new trend.
It´s been the right thing to wait with any recommendation in the mining sector. But now I feel the time is right. As explained I believe silver has a great potential over the next 8-12 months. The best way to play a multi-months rally in silver are some of the best but currently beaten down silver mining stocks. First Majestic Silver without a doubt is one of the...
Another silver stock that I really like and that I have already recommended in the past is Endeavour Silver Corp.. Although Endeavour had some issues in the last couple of months I continue to believe in Bradford Cook and his team. Endeavour was one of the best performing silver stocks in the first half 2016 and should offer massive leverage in a new silver bull...
$NAK is ready for a move on the upside. It touched key levels of support and bounced back up after hitting the trend line. Entry point: 1.48 Exit point: 1.97, if that key level of resistance is broken, hold until the next level of resistance is touched. Stop loss: If the price goes below 1.23, a trend reversal will be confirmed. Below that point, sell your...
Previous gap was successfully closed but at the same time, several poor lows were created on the way up. Sellers might have some unfinished business at 164 GBp level and could continue opening short positions aggressively till 156 GBp level. In case of even small panic, we can expect retest of 149 GBp and 137 GBp levels.
upward movement highly probable after a precious landing on the 61,8% retracement. 10 day mo-average went through the 50 day average and it is very likely that the 50 mo-av. will break the 200 mo-av. after a breakout through the triangle good prospects for 2017. on balance I am expecting a (middle term) upward trend.
Selling in LSE:FXPO ended on Monday and since then, buyers started to pile on moderately. In case of continues recovery above 163 GBp, potentially we could see a gap closure at 170 GBp.