K92 has been having a very good couple of months.
The parallel trend channel established recently is strong. The MACD is going off the charts, however, suggesting potential trouble ahead. For now, the bulls remain in full control.
ROCK SOLID EARNINGS REPORTED THIS MORNING
Barrick Gold (GOLD) came out with quarterly earnings of $0.17 per share, beating the Zacks Consensus Estimate of $0.14 per share. This compares to earnings of $0.06 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of 21.43%. A quarter ago, it...
Strong accumulation, bullish MACD/RSI/Stoch action and increasing bid support point to a likely breakout coming. The company has reported high grade Zinc/Gold/Silver intercepts in recent assays. The market is yet to notice it. Just over $3M mkt cap is cheap considering the progress they have made this year.
Buy signal at 30.25 $
Timeframe - 1 week.
Sociedad Quimica y Minera de Chile S.A. (SQM), is a producer of potassium nitrate and iodine. The Company produces specialty plant nutrients, iodine derivatives, lithium and its derivatives, potassium chloride, potassium sulfate and certain industrial chemicals.
It's interesting for me due to mining of Lithium. Which is...
GGI.V has broken the downtrend after bouncing off oversold RSI levels. Bullish MACD cross, bullish Stoch/RSI action confirming trend reversal. Long-term support band near .70 has now been tested and held 3 years in a row. I am long at .69 - .71.
Nordic Mining prepares for lift-off
There hasn’t been a greenfield development of a mine in Norway for between 30 and 40 years but Nordic Mining is looking to change that via construction of its flagship Engebo rutile and garnet project.
Nordic Minining ...
AXM.V should be on the radar of every #gold investor. $47M mcap company with NI-43-101 compliant resource worth $700M+ USD in the Central African Republic and other promising projects in Africa. Rapidly improving security situation and recently announced strategic partner point to a major opportunity, imo.
Bullish MACD cross on the daily chart, bullish...
Similar to a few gold stocks , AUY just keeps treading water. I'm looking for these gold names to start moving (in one direction or another at least). If they finally break down, I can stop watching. But something tells me with the slower growth in global economies, it might not be time to ignore gold right now. Obviously we'll see but for the time being, can...
KL has been a stellar gold stock since 2016 and just acquired another mining operation for synergies yet to be seen. Some buy and hold and others ride the wavy train when it slogs up.
Gold is inflation resisting and volatility drives the train.
Fibonacci on stock and MACD fit here and wondering if anyone uses fib retracement. Looking to see metal stocks repeating themselves with Gold, Silver, Palladium, Rhodium hitting new highs while Nickel and Platinum getting ready for own run. Uranium repeat of 07-08 and 11-12...too?
The history here is a bit of a head scratch, odd splits, but compary Anglo American Platinum to Palladium and Platinum prices and seeing positive dividend rates along with Palladium prices going up. Expect Rhodium and Nickel also helping lift this one. OTC:ANGPY Kind of wish the P was an R though.
Chart clearly shows this as a historic level of support and resistance for the penny stock . The last few times HL tested the level, it failed to break above it. Right now, it's trading right at this level; not quite breaking above but not breaking down either (yet). I think we're going to need to see gold pick up some steam for it to get over the...
It was #2 of the top 4 best gold stocks to watch over the last 52-weeks. But compared to #1, which I wrote about on another board, I think the progress it has shown makes it stand out right now. Increased production, big potential reserves, etc. Something to keep in mind especially if the turmoil continues.
"RBC Capital recently initiated coverage on the gold...
I'm not complaining but lower production guidance and analyst downgrades aren't adding up in my opinion. But yet it was the top-performing gold stock over the last 52 weeks. Anyone have more insight on this that I might have missed?
"Furthermore, it guided its full-year U.S. PGM production would come in between 590k-610k. This was actually much lower than it...
Deeply oversold at .43 (Daily RSI = 21) with a single seller reloading the ask. Trading at major discount to recent financing of .635. Last tranche is yet to close, so this is most likely one of the participants unloading a position. Stock tends to swing wildly when it gets oversold so I would not be surprised it will be back in the .60s after the iced ask is taken out.
Sell signal at 99.05 $
Timeframe - 1 week.
FMC Corporation is a diversified chemical company serving agricultural, consumer and industrial markets. The Company operates in three business segments: FMC Agricultural Solutions, FMC Health and Nutrition, and FMC Lithium.
You can use the...