The potential decay and death of Kinross Gold Corp
Buy target below $30 with sell target above $60.
Wait for a retrace down to at least the 0.382 Fib level then buy target of $20 with a stop loss at 0.236 Fib $15.28.
Entry target of $36 on expected drop from current spike. Low of $30 from the drop should serve as solid bottom for a $6 stop loss.
Entry target in 2016 after a theoretical pullback
Entry point of $18 would be optimal given the historic low of this key uranium supplier.
This is my pattern prediction in case we enter a recession and TSX 60 selloff begins.