I don't know if anyone actually trades this, but I've been holding some bags on this piece of crap for a couple of years (don't ask) and check in on it from time to time. It's been trading in a decent range for the past 6 months (give or take) and recently put in a new low at $0.66, creating a very mild Bullish Divergence. Its Correlation Coefficient to gold is...
Another 20% drop might make a low risk entry opportunity.
The Gold bull market continues to surprise to the upside. Now that Gold is at all time highs, it opens the door to investors who prefer to buy big breakouts. Here is Liberty Gold with what I think is a bullish running correction, very similar to the one I posted in Gold itself a while ago. Price unable to make a lower low even after a strong move, MACD has been...
short term - it could retrace to the bullish trend line. long term - higher probability of it hitting 1.98 and 2.40. As I begin to get enquiries on my opinion on different stocks, ETFs, etc , please note that what I am offering is NOT a trade advice but merely additional information you can used for reference purposes. Trading/investment can be risky so always...
This is a Katusa pick, but it is showing some breakout. Track accordingly I will buy below the trend line as gold stays macro positive.
Just moving along the Upwards Trendline for now. Bear in mind, this company hasn't made a single profit. But has a great balance sheet. Will take a long while, before it can produce gold. One possibility is a potential sale of the discovered mine. But the company needs many more drill reports, to verify the size of the find.
Liberty Gold has been consolidating under resistance for like 10 weeks now. It's got a LOT of energy built up if it breaks higher.
Over the course of the past several weeks, market participants were witness to a major multi-year break-out in Gold, the physical metal, and as a result, numerous precious metal mining stocks have found the wind at their backs and have followed-through with exceptional upside action with LIBERTY GOLD CORP - TSX:LGD OTC:LGDTF one such example as evidenced in the...