NYSE:AGI has a great consolidation right now. If the inflation keeps getting higher, it would be a good environment for precious metals like GOLD. in that case, gold miner can benefit significantly. It looks like it's ready to go higher. Small position can be entered with a really tight stop.
Alamos Gold Inc. ( NSE:AGI ) has unveiled its plans for the friendly acquisition of Argonaut Gold Inc. (TSX: NYSE:AR ), heralding a new era of growth and profitability for both companies. The strategic move, characterized by a court-approved plan of arrangement, marks a pivotal moment in the evolution of Alamos Gold, propelling it towards the zenith of the...
#AlamosGold Inc. (AGI) shines as it surpasses market expectations in earnings and operations. The Canadian mining giant exceeded quarterly guidance with 135,400 metallic ounces, outperforming in Island Gold and Mulatos District. Result? A robust $91M free quarterly cash flow! 🚀
We are bullish as AGI maintains above $11.40-$11.50, eyeing an upside between...
Hello There!
Welcome to my new analysis about AGI, a major gold-market gem I recently spotted, and added to my watchlist because of the major underlying factors prevalent here. As I already pointed out the major gold-market gems that are going to emerge with epic growth rates similar to those seen in the gold rushes within the gold market history, the most...
Though I already took this position last week, I forgot to share it with all of you here. But don't worry, the play is still active.
What we had as a signal on the Alamos Gold or AGI ticker, is a play I adore to follow up with. We have a bounce out of previous high, which is sitting at 38.2% Fib level and it is currently breaking above the 50MA on the daily time...
Came back to a daily base.
Gold play, be cautious with it, can move with Gold.
RSI weak
SMI gaining
CCI nice and low
Entry - 12.70
SL - 12/31
1st PT 3% - 13.10
OPT - 13.60
"3% and Run" strategy - sell half of stake at 3%, move stop loss to breakeven
Alamos Gold is a prominent Canada-based gold producer that operates multiple mines across North America. Since its establishment, the company has made significant strides in the gold mining industry and currently boasts of a diverse portfolio of operations in Canada, the United States, and Mexico. These include the Young-Davidson and Island Gold mines in northern...
I am a big fan of gold mining stocks and frankly they are highly undervalued and manipulated. AGI has gotten ahead of itself on this leg I would expect a pullback to support at $8.11 at worst and a minimum pullback to $8.49 in coming days
Long and short AGI
Activation of the transaction only when the blue zone is fixed/broken.
Working out the support and resistance levels of the consolidation zone.
* Possible closing of a trade before reaching the take/stop zone. The author can close the deal for subjective reasons, this does not completely cancel the idea and is not a call to the same action,...
