Absolute unit of a Time@Mode signal in yearly timeframe scale in NYSE:BVN :
It needs to pop over $14.71 before EOY to trigger this.
Modest 45R multiple and a puny 1275% upside target by 2036 or sooner at play.
Probably nothing...
Best of luck!
Cheers,
Ivan Labrie.
Compañía de Minas Buenaventura (BVN:NYSE), a prominent mining company operating in Peru, has achieved a significant milestone with the approval of the Yumpag project's Environmental Impact Assessment (EIA) on September 7, 2023. This approval paved the way for Buenaventura to proceed with the exploitation of the deposit, marking a crucial step towards development...
Buenaventura S.A.A., a precious metals company, is engaged in the exploration, mining, concentration, smelting and marketing of polymetallic minerals and metals in Peru, the United States, Europe and Asia. It explores for gold, silver, lead, zinc and copper.
Buenaventura Mining Co Inc is a mining company involved in exploring, mining, and processing primarily gold and silver. The company's operating segments are Exploration and development activities; Energy generation and transmission services; Insurance brokerage; Rental of mining concessions; Holding of investment in shares and Industrial activities. It generates...
Compañía de Minas Buenaventura S.A.A., a precious metals company, engages in the exploration, mining, and processing of gold, silver, lead, zinc, and copper metals in Peru, the United States, Europe, and Asia. The company operates four operating mining units, including Uchucchacua, Orcopampa, Julcani, and Tambomayo in Peru; and San Gabriel, a mining unit under...
BVN has traded in a tight range since the March lows and has slowly worked its way to a breakout of the ascending triangle. The gap level $8.5 is the first resistance level, with $9.15 being the second, before a test of the 200 EMA. Considering how BVN has tested its 50 EMA (purple) 10+ times throughout May and failed, but has now closed above it for 3 days in a...
Company with strong fundamentals has been consolidating for almost 3 years. If we get strong weekly close then I believe that a substantial increase in value of the company is just around the corner
Markets are on general path down. BVN is setting up nicely to buck that trend.
PRICE ACTION:
Long Term S/R Level at 16.37 is in the process of being broken. Notice the periods highlighted in yellow. Breaking 16.37 is not just a simple 52 week high or hourly, blah blah. This is nearly a 6 year ceiling that is being broken The last time this type move...
Here you can se where I try to fade the trend and fail to set the appropriate target, fortunalty I move the trailing stop forward and made a little gain.
