TRX Gold Corp ( AMEX:TRX ) has recently unveiled its first-quarter results for 2024, today painting a picture of triumph in the competitive world of gold mining. The company's robust performance in terms of operating cash flow, gross profit margins, and expansion plans for the year has positioned it as a shining star in the industry.
Impressive Financial...
Technical, fundamental, TNX is firing on all cylinders. Like ASM from my previous post, this stock has always been a stellar performer in even the most anemic gold bull markets... This time around i think it's going to melt faces . A solid buy .
TRX Gold Corporation has long been suppressed along with other junior miners. As anyone who has invested in junior miners over the years knows, the bear markets in junior mining stocks are often brutal, with 80-90% drawdowns.
When the bear market ends, however, the asset price has been so suppressed that it can easily spike 1000% or more, as the valuations...
tamrin ezafi_Aya nahveye tarsim khat ravand sahih ast .2- aya mitavan goft baad TRX agar balay 0.47 tasbit dad afzayesh va dar gheyr insort kahesh darad .
The company's stock is in the consolidation stage strongly
The stock is now buy
I do not recommend Stop Loss because you will be taken out by the market makers
I cannot say more details about my strategy as it is very confidential
Hi all, afternoon update for trx on stock market can be bullish atm, strong uptrend forming nicely , if brk above resistance line a bo can follow . NOT trading advise either.
##ATM=the ideas for short-term .
##Over upper resistance line=bullish, &under =bearish.
##take profits all time, buylowsellhigh amust
Possible move:18-60 %+
Reward/Risk: 2-4.5 (R/R>3 is Ideal)
Time frame: 12wks
This is just my technical view, not a fundamental comment..!
I can make you confused by a crowded messy chart, but I would rather simple effective presentations..!
Leave a comment that is helpful or encouraging. Let's master the markets together
Looking at the cheapest cryptoassets in the market.. $TRX is definitely undervalued compared to a lot of the other DeFi platforms !
As we have seen before with the others. They are clearly in an uptrend . However this one tried and is now in a correction slowly growing back up
I am currently not adding any more units of TRX since i already achieved 10,500...
this past week you had your chance to add to your positions at .90c and even below it on a few days this past week. I see the .50 fib level at 1.24 as next target. The financing is in and there is some questions regarding dilution with the shares outstanding. I think the market will figure itself out on price and should see this stock run much higher as gold...
