On a 15 miunte chart. CMCL is seen trending down and then reversing while traders seek to sync it to the price action of spot gold. The chart demonstrates price reversing on May 2nd out of an anchored VWAP breakdown into a rubber band reversal into a cross of the mean aVWAP. The movement of the PMO ( Price Movement Oscillator) confirms the reversal into a...
Caledonia Mining Corporation Plc is principally engaged in the operation of a gold mine. The company also explores and develops mineral properties for precious metals. Its principal asset is the Blanket mine, a gold mine located in Zimbabwe. The company was formerly known as Caledonia Mining Corporation. The company produced 13,197 ounces of gold during the...
CMCL Finished wedge down and will go up. AMEX:CMCL
Power Play is 'ON' ... Bought in the morning of Jan 4th; looking for more upwards price action. A longer term play here as the Daily & Weekly timeframes are showing good up momentum. Love these plays - a smaller cypher pattern - with a retrace to C at the 72.8% level * which is a great play but a risky one * I like to wait for more confirmation - the...
Alert set for break above $8.77 for possible long. Caledonia Mining Corp. Plc engages in the mining, exploration, and development of mines. It operates through the following geographic segments: Zimbabwe, and South Africa. The Zimbabwe segment comprises Caledonia Holdings Zimbabwe Limited and subsidiaries. The South Africa segment comprise a gold mine, that is on...