Gold and miners have taken a beating in this fake and manipulated market. This has been a hard trade for the gold bulls but in the end game gold I think will win. We see Ichan and Soros taking longs in this sector and physical and thus with the manipulated market I think these will move higher. I have placed a stop at bottom of gap and that is about 3.00 risk so...
Here's what investors and traders routinely miss: Free cash flow yield. What is free cash flow? It is what is truly left over from running a business. If you purchased a business and then held it for yourself to reap the benefits, then you'd want to understand free cash flow. Search for it online to understand the nuances. A main element is that you add back...
Picked up a tranche of NEM (gold miner) this morning at 24.89. Don't know if she'll see the .50 retrace at 21.89. Tight stop would be 20.36, but I'll give her the benefit of the doubt for now and manage stop manually.
NEM is a stock I bought recently that has seen some nice gains. For fundamental reasons this stock has looked very attractive for a long time. I recent bought as technicals finally confirmed what my fundamental analysis was telling me. You can see price broke out from channel, but found a bottom around 16.00. From there we broke short term down trend line, and...
Re-test and confirmation of the key $27 price point is suggestive of further upside on a break over Fridays high. Buying was accompanied by reasonable volume and the price closed near the high of the session. The stock is sitting above all key moving averages
Posted this earlier, move of cup and handle paying off.
Sometimes, it is useful. Here we see all five waves of the bearish trend.
If it did - It willefy the history.
It seems that this share is amenable to prediction. Published 8 days ago.