A buy signal is generated. This is a signal that UGAZ's price could be shifting from a downtrend to an uptrend. Traders may consider buying the stock or exploring call options. I looked back and found 36 similar cases where UGAZ's RSI Indicator left the oversold zone, and in 34 of them led to a successful outcome. Odds of Success: 90%.
Green box: 130.67-133.63 Watch what gold prices do with a third eye.
First off, please don't take anything I say seriously or as financial advice. As always, this is on opinion basis. That being said, let me get into my insights. I do expected Royal Gold to have a positive earnings call in the upcoming 5 days, and currently it already is on a bullish curve with many investors giving it buy ratings. This is why I am calling at least...
Exact levels, Large Stock, Important, Fib Retracement to today, (Daily)
full on mega bull market from here. Enjoy. If you are luck it goes lower and lets you on.
NASDAQ:RGLD is one of the leading stocks in gold mining industry. It started major rally earlier than majority of other miners last spring. And was one of the first stocks to caution that pullback is likely in AMEX:GDX in January 2020. Right now it sits right near major support level, and in bullish scenario this is constructive level from which new leg higher...
RGLD Long play $114 Entry. Stop $112. Looks like it bounced 200 MA twice and it may move higher, it rejected 20 MA recently on daily. Earnings coming up, gold has been booming. RGLD may print better than expected earnings. I'll hold through earnings and double down if it breaks out past the 20EMA+50EMA into a strong pattern or into congestion around it.
Buyer have come into market to break upper trend line for continuation, notice low volume, due to Christmas period
I do believe RGLD is a gold miner and it crushes the market with very little correlation, very interesting position(im long)