Hey all, I'm still very new to investing but have seen success with EMR.
I was an investor in Bullseye (BE) who was acquired by Emerald Resources (EMR)
I've been quite a strong believer in gold more recently due to the current world events happening around us and also believe there is some more economic pain to come in the future.
I'm in no way a pessimistic...
Breakout trade setup opportunity. Hitting historical ATH atm. After today's price action I expect this rally to continue for the rest of the week.
Circled trade entry region around 1.485, SL under prev resistance around 1.41. TP around 1.605 under prev high.
The goldies have been moving recently but Emerald Resources has been somewhat resistant. It doesn't get as much attention as it deserves on the ASX but there's a lot to like about this company. All that changed this week, with EMR painting a strong weekly bar. Money Flow is off the charts and I'm happy with the Stochastics setup here. It's nice when you get a...