whats thisGiven the number of red days in a row here, I think that it's probable to assume that a {double-bottom} may provide a bounce to reverse the trend. If it fails, then one could look for placing a bid at around the $9 mark.
$lun.to
3.67%
4.90SEK
4.293BSEK
31.186BSEK
648.241M
About LUNDIN MINING CORP COM NPV
Sector
Industry
CEO
Peter Thomas Rockandel
Website
Headquarters
Toronto
Employees (FY)
13.212K
Founded
1994
ISIN
CA5503721063
Lundin Mining Corp. is a metal-based company engaged in mining, exploration and development of mineral properties, primarily in Chile, USA, Portugal, and Sweden. It holds interest in the following projects: Chapada, Candelaria, Eagle, Neves-Corvo, and Zinkgruvan. The company was founded on September 9, 1994 and is headquartered in Toronto, Canada.
Bullish on Lundin MiningEverything on chart.
*we should not be worried about the sinkhole news.
Check out my other ideas!
Thanks for your feedback.
- SagaTrading
Franco Nevada vs. Principal Gold ComponentsFranco Nevada vs. Principal Gold Miners (ex. BHP , Teck , Glencore and Vale), unweighted, outperforms GDX
L/S Franco-Nevada vs. Principal Gold MinersFranco Nevada vs. Principal Gold Miners (ex. BHP, Teck, Glencore and Vale), unweighted, underperforms GDX
LUMI 2 bullish scenariosOption green:
Retest of support and creating good entry at around SEK 66,-.
Option orange:
Break of overhead resistance, probably going to test the 50MA (blue line), before retracing to the new support around SEK 74/75,-, hopefully creating a good entry signal in that area.
2 scenarios LUMIRight now at resistance, low probability entry.
Either needs to break resistance or revisit support and create a double bottom or something similar.
Fib. Retracement on daychart Retracement on day chart.
Maybe we see a Bullflag?
Buy on fib. 61.8% Retracement maybee??
Two Possible Outcomes Feeling bearish on this at the moment. Strength Divergence. The OB at S2 is going to be incredibly strong and would make for an amazing long entry. If we do not dip that low I predict sideways action before coming up on the resistance again.
Either way this goes there will be setups to swing trade w
LUN mining CDN good looking pullback!Hello again! LUN has pulled back beautifully into the 2 week! Long at 11.41 with a target of 11.97!
See all ideas
Trade directly on the supercharts through our supported, fully-verified and user-reviewed brokers.
