There it is! First Majestic actually did it – it has advanced into our turquoise zone between $12.36 and $6.89. Now, things are getting interesting. As First Majestic has reached the middle of the turquoise zone and thus has tapped its ideal target point for wave 2 in turquoise, it could already start to move upwards, crossing the resistance at $19.41. However,...
AGI in a strong position. Previous resistance at $10 level will be the next target.
Since inception in 2007, this ETF has lost more than 90% of its value and it seems nobody is looking at it. However, there is no denying that this ETF has been performing pretty well while techs are failing pretty badly these days. As we can confirm MACD Golden Cross on a monthly basis, we might be facing a great opportunity to be in. We should be aware of the...
AG (First Majestic Silver) is looking good to us. Gold and the miners have been performing well so far. We see opportunity here. - HH
Vale has a very bullish 1-2, 1-2 set up right now. This stock should reach at least the $40 level by Q4 2022 or Q1 2023 because that is where the 1.382 - 1.618 fibonacci extensions project to, which are the standard targets for a W-3. This count matches up well with the broader economic themes for 2022 of inflation, a weakening dollar, and increased investment in...
Almadex attempting to push above resistance. Potential for quick move to top of channel.
Gratomic is focused on high-grade, natural graphite deposits in desirable mining jurisdictions with well-developed infrastructure. Look for an RSI recovery, with positive CMF and MACD divergence.
If you make a ratio of Gold Juniors to Gold Majors, you will find that there is an arc in the making since 2010. It looks like we are about to enter the fun side of the arc, where juniors outperform majors. This is historically often a sign of liquidity and luster returning to gold, in the form of rising gold prices, and risk securities outperforming. Got Juniors?
It looks like this descending trendline will be broken in the following days/weeks. Then we could see a continuation of the bullish trend in this stock. According to fundamentals, it's somewhat likely that this mining corporation will benefit from the worldwide money inflation. Technically, with a break of the trendline and a bullish impulse, the moving averages...
Back in on this one.. the Risk VS Reward on this is absolutely massive and as always Bitcoin will lead the dance so you have a warning if you need to get out. I am long at $2.70 with a stop loss set to 2.50 which hasn't ever happened in the stocks history but it has been worth $50 before... Again, this is not the best Bitcoin or even crypto mining company to...
I am going to assume that the price of gold is supported around the $1800 for the rest of 2022. If that level were to break, and a bear market ensued, precious metals miners, #GDX, etc. would come under pressure and the current rising tide that is lifting all boats would recede and companies like Vox Royalty Corp may come under pressure becue of...
Is it finally time to be bullish on gold and silver mining stocks? A lot of indicators are pointing to YES. There will certainly be pullbacks along the way, but with interest rates rising and war tensions overseas, precious metal stocks are beginning to gain a lot of interest. NYSE:AUY will be the perfect example of that. The featured content is intended to be...
AMEX:COPX The Global X Copper Miners ETF (COPX) provides investors access to a broad range of copper mining companies. It seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the Solactive Global Copper Miners Total Return Index. www.globalxetfs.com
with BTC making a strong recovery the past 3 days breaking from its bearish trend this next week 2/7 - 2/11 will be a large week for miners such as NASDAQ:MARA NASDAQ:RIOT and NASDAQ:HIVE . Key indicators of this will be BTCs strength and overall market stability. with MARA down 35% as of 2/3 and BTC continuing to show moderate strength and stability in its...
First Quantum Minerals shows an interesting long term chart pattern. On lower timeframes, FM completed its corrective wave (2) at 50% of the fib retracement and price has broken the terminus of wave (1). This provides confirmation that an impulsive wave (3) in now occurring and we could expect the next target levels. 1. CAD$ 58/share 2. CAD$ 74.45 Disclaimer:...
Mining, especially Canadian has been in panic sell zone for past week, while some stability returns to the market and likely more cash stock owners. UURAF speculates in rare earth elements, which if Foxconn builds in So. Dakota they'll need domestic sources and UURAF owns some IP for extraction and will license. Low interday of 0.081 and now at 0.09 to close the...
History says it will. I expect next years rate hike will lead to a rally in PM's and commodities, as it did back in early 2016.
GGL Resources - H4 - Dec 2021 last news : GGL Resources Corp. Hits at Great Western Mine and Greatly Expands Gold Point Project, Nevada