The Fresnillo-bears can announce a first success: Finally, the share has arrived at the support at GBP 610! Next, our furry friends should push Fresnillo below this mark to gather further downward momentum. Then, the share should also pass the support at GBP 456.60 to develop wave C in turquoise. However, there still remains a 20% chance that Fresnillo could...
I will upload the analysis for HUT soon but for now you can trade this ONLY WITH SL-$1.95. Thanks for showering your love and appreciating my work. Trade safely, wisely and confidently.
Cameco continues to gain in price as spot uranium moves higher. We are seeing textbook breakout out of a triangle pattern with Cameco on pace for its highest monthly close since February of 2011. Lower PPO indicator is in the process of a bullish cross of the green PPO line above its purple signal line. Both of these lines trending above the 0 level indicates...
ASX:SPQ Potential move to Z2 (Zone 2), due to increasing bullish volume, interest from retail, and organisational bodies. I don't think we'll see major moves in share price until we get some interesting market news. Top 20 Holders have remained the same over the last 2 years, current price reduction represents retail investors cutting losses. Despite having...
Ever heard of the Barrick Bears? They are a great team, which should help to push our primary scenario for Barrick. Currently, they have to fight against a little bullish counter reaction, but soon they should drag the share below the support at $12.65 and into the yellow zone between $11.97 and $6.32. There, wave (2) in yellow should end and therefore a fresh...
The second largest mining company in the world has one of the best looking charts out here when it comes to commodities. Price is currently breaking up and out of a pennant pattern, and lower indicators show that trend and momentum behind price support the move higher. Train is leaving the station soon, load up now and add more at each stop.
References to the tax were removed from the U.S. debt bill, but that doesn’t mean it’s gone for good. Bitcoin BTC tickers down $27,167 miners in the United States can breathe a sigh of relief after a proposed tax on crypto mining did not make it into a bill to raise the U.S. debt ceiling that appears set to pass. The Digital Assets Mining Energy (DAME) excise...
Mux Mining Looks Strong long term Incredible year for Mux Mining see the charts below. Watch anything on youtube, its very impressive.
Rio Tinto – Mining Market Cap: €1.35 bln Price: $61.74 6 Month Dividend: $2.24 (c.3.2%) – March 2023 Quote Dividends recently cut significantly from $4.79 in March 22 (c.5.7%) to $2.24 April 2023 (c.3.2%). Chart - Whilst the long term trend is up with higher lows on the large pennant since 1990, we have not made a higher high since May 2008 and this is a...
CXO looks to be forming a running flat in the short term. C-wave is incomplete so a little patience is required before considering an entry. Any move to the golden zone will need to be scrutinized. The 92c and 89c level represent sturdy resistance and support zones. Could also possibly become an expanding flat in the future. A tight stop loss here (5 to 7%) is...
Potentially a long opportunity coming up on $JSE:SSW. The stochastic and the MACD both signaled this earlier on, but the EMA's have now crossed which confirms the trade. We are looking for a target at around the 4800 level.
Has Fresnillo gotten lost, hunting for Easter eggs? We don’t think so! We rather understand the share to be swerving, interspersing its way with a little counter movement. Soon, the course should return to the main path and fall below both the supports at GBP 610 and GBP 456.60 to continue the descent. However, a 30% chance remains for Fresnillo to make a more...
XPTUSD - has been ascending solidly with minor exceptions in a bullish channel since the beginning of February 23. Due to some uncertainties around the mining crisis in SA, one of the largest producers of the precious metal the price tag by BofA is set around $1400-$1500 by year-end, which makes a 40%-50% anticipated surge in the next 7-9 months. Risk...
Test of UOI indicator mixed with simple trendlines and own TA measures. Assuming trendline breaks, looking to see how accurate or long the sell signal reacts. 15 min time frame of course.
The share price of Core Assets Corp. (CSE: $CC) experienced a strong upward trend between August 2021 and May 2022, rising from 7.5 cents to 83 cents (11-fold), whereafter a consolidation occured, reaching 23 cents most recently and last trading at 25 cents.
I mean, look at those lines on the chart! You'd be a fool to think that you will tell a stock's future price based off the company's earning & profitability! NO, the only accurate way to predict a stocks' future price is by drawing lines on a chart. If you don't draw lines on a chart you will NEVER make money from trading or investing. So what have you learnt?...
What is Bitcoin mining? Bitcoin mining explained Bitcoin mining is the process of creating valid blocks that add transaction records to Bitcoin’s (BTC) public ledger, which is called a blockchain. It is a crucial component of the Bitcoin network as it solves the so-called “double-spend problem.” The double-spend problem refers to the issue of needing to find...
First Majestic is still wading through the turquoise zone between $12.36 and $6.89 to finish wave 2 in turquoise. To achieve this, the course still has got some room for maneuver – at least until the bottom of the turquoise zone. However, it also might have already completed the current movement, thus continuing the ascent. As soon as that is the case, we expect...