Given the weakness in the platinum miners and resource stocks in general in the last few weeks, it takes some bravery/optimism/fondness for punishment to start nibbling at long positions.
Some resource stocks, and platinum miners in particular, are tilting bullish. Same as the related idea on JSE:IMP , with JSE:NHM :
- Golden cross & bullish confirmation on...
The Natural Resources sector - here represented by BHP (in green) and Rio Tinto (RIO, in orange) - does not generally act as an early indicator against the broader market (here represented by the DJIA in gray, and the NASDAQ in black)... only possibly during the fall in their share prices over Jul and Aug of 2018.
Dow DJIA (& certain sectors - but not yet the NASDAQ) falling over in June after May VIX volatility stresses, and diverging from a strongly rising IXIC Index (NASDAQ)... Sectors shown are Transportation, Finance, Consumer Staples and Natural Resources.
Pure Gold is a growth company, located in the very heart of Red Lake. Pure Gold’s largest shareholders include three global gold leaders and visionaries. Eric Sprott, AngloGold Ashanti and Newmont, the largest gold producer in the world.
Our leadership and management teams have deep roots and experience in the geology of the Red Lake gold district, and...
JSE:BHP close today resting right at the neckline of a textbook H&S. I wish it were not so, as I'm positioned for a bounce, but alas resources are not giving off good vibes at the moment, not good at all :-(
DNN, 4h, This right-angled consolidation contains some scrubby harmonics excluded, so the headline here is the formation of higher lows on all 3 momentum oscs - MACD, RSI & Stoch - while the asset has held $1 essentially during. Continuation inferred by the Class B bullish divergence across the trio coupled with seller exhaustion makes a break of the 1.32 region...
ASX:SYR, has lost the enthusiasm of investors since the plunge from the 6$ levels. Everyone was thinking it is a dying stock. It dropped to the abyss towards 0.150$ during the Covid crash in March 2020. But is it time to reboot this dinosaur and prepare the entry for a multi-bagger potential speculation? Lets dive deep and analyze.
ASX:SYR has not been on my...
AVZ (LONG) Catalysts galore & breaking out off Base
- Chart is now set up with strong bullish indicators = Bullish trend gaining momentum
- Off take agreements in the pipeline
- Funding to mine coming up
- Final Investment Decision coming up
- Tin reports still due
- Further final drilling to infill the Measured & Indicated resource
- Special Economic...