Up ChannelUpward trend is looking strong with oscillators and other indicators: breaking of a previous peakLongby Kareim3
KGC could go either way, betting goes longKGC formed a H&S (dominate pattern) however it has also formed a double bottom. the H&S is ever so slightly trending up. Always keep with the trend. Also, if you believe gold is undergoing a bottoming out for a potential breakout this year, this is an excellent stock to follow. This is from their most recent earning report: "The price of gold is the largest single factor in determining profitability and cash flow from operations, therefore, the financial performance of the Company has been, and is expected to continue to be, closely linked to the price of gold. " by The_Patterns_Guy1
Possible build-up to breakout, keep an eye on it!KGC has recently recovered from a massive selloff but is showing signs of an uptrend. It has been following the 13EMA on a rise for the past couple of days and it recently retested it today and bounced back up. Although it shows as a red day, the close for today was higher than yesterday and thus exhibiting higher lows and a possible up-trend. My recommendation is not to buy s of this moment because there was an increase in the selloff of the stock but I would keep a close eye on it and if it breaks out of the ascending triangle then this would be a buy point. The MACD is also showing that the stock is trading on the bullish side and it is expected to keep on rising as it shows not current sign of descent. I am a new trader and looking to learn more, so any constructive criticism is welcomed! Longby John_morales10
KGC Long PositionPotential Bull flag, strong resistance switch support @ $4.34, expecting a rebound on the 12 of June upwards to $4.5 and upwardLongby ehan224
Kinross Gold LONG! Or who wants to 625% profits?The commodity cycle turned. The company's shares turned to a long position. The company's performance improves, production increases, profit increases. However, the company still cheap! Enterprise Value/EBITDA 4.7 Debt/EBITDA 1 Buy $4, objective $25. That is 625% of the profits. I've confirmed to my forecast, my purchase. I bought shares and I will keep them to $25 minimum. This is a long term position for several years. Maybe the price will drop to 3, 2 dollars, this is a good chance buy your way back and earn 1000% The cancellation scenario is not! No stops! Minimum goal of $25! p.s. Stock - is not a line in the terminal, but a share in a real company! There will always be people who will want this share to increase!Longby Snip8788
Long KinrossTraders!! Kinross looks to be heading to 7.20. If gold continue to stay above 1200 then this target is achievable. Trade well. Leave your comments. Time will tell.Longby Skinwah5
Kinross Gold Corp - LongKinross "KGC" NYSE "K" TSX Kinross has worked hard to restore its balance sheet after the disastrous 2010 purchase of Red Back Mining. What happened? Kinross paid US$7 billion for Red Back shortly before gold topped out above US$1,900 per ounce. The subsequent crash in gold prices and disappointing production from core assets meant Kinross had to write down most of the value of the Red Back deal. Management has done a good job of reducing the debt load in recent years, and Kinross is now on solid footing. The company finished Q2 2016 with just US$1.7 billion in long-term debt and had US$968 million in cash and cash equivalents. The rebound in gold this year has helped boost margins, and Kinross even generated US$202 million in free cash flow in the second quarter. With the balance sheet under control, Kinross is now focusing on growth. The company purchased assets in Nevada earlier this year and recently unveiled plans to invest US$300 million in its Tasiast project in Mauritania. Tasiast was supposed to be the crown jewel of the Red Back deal, but the site has never lived up to expectations. That might finally change. The new investment in the mine is expected to boost production by 90% and help drive down all-in sustaining costs (AISC) to the point where the facility can deliver significant margins at current prices. Kinross produced 671,000 gold equivalent ounces in Q2 at AISC of US$988 per ounce. Guidance for 2016 remains 2.7-2.9 million ounces at AISC of US$890-990 per ounce.Longby nnavarrete3
KGC bounceLong on KGC, solid resistance on 4.95 it might bounce. Oversold, expecting buyers. Target at 5.30, stop loss at 4.73Longby jure121
KGC - 4hrWhile the blue count is my primary, price structure still allows the yellow alt Leading Diagonal (3-wave moves off the low) is viable even as low as 3.02. I've annotated the alt 2 as an a-b-c flat, but variation is certainly possible in corrective structures. A significant breakout on volume, confirmed by MACD making new highs, and I will take the yellow alternative off the chart.Longby nick.holland781
pennies to thousands gold exploration candidategold exploration huge upside relative strength good see in our book same name on amazon our diversification rules above cloud money flow rising lst large gold run exploration companies did outstanding long base Longby penniestothousands0
Kinross Gold CorpThe box in this chart was placed prior to the (a) wave decline. Price touched it and reversed, so far. Possible that the (c) of ii was just the a-wave. I plan to enter a buy stop order at 3.36 along with limit buy orders at the 38.2 and 50% retrace levels. This is another high risk entry, but the risk is somewhat smaller than HMY. Trade safe my friends. Longby nick.holland782