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Nice reversal candle.
White rectangle is the support zone.
Mining Industry gained 1.33% yesterday
TGB is stockpicked with high RT of 1.76 and CI of 1.68 on 3-Oct-17
CI is an indicator which reflects a stock's ability to resist severe and/or lengthy price declines. TGB has a CI of 1.68, which is excellent on a scale of 0.00 to 2.00.
CI is based solely upon a stock's long-term price history.
On 3-Oct-17, Apply ...
Earnings are starting to look more attractive.
Company is profitable and its earnings are directly related to the price of copper.
I believe copper will break out of its consolidation
TGB broke out of handle resistance and now the sky is the limit
i already own but this is a phenomenal oppurtunity
As FOMC decision re interest rate approaches next week, looking for selling pressure on gold to subside. TGB and other low priced gold miners should benefit from stable gold prices. Looking for a double in the next 6 mo.
TGB has broken this small degree downtrend with a huge impulse. I'm expecting more upside for this one. A strong breakdown under the rectangle on chart can invalidate the setup.
Golden Cross coming, First time in Ages the company are expected to have positive earnings all with the copper prices dropping over the longer term, but up recently.