Extremely bullish setup in AGI with a breakout from Inverse H&S on very higher volume, Gold in in a breakout and AGI looks certain to extent its current breakout. Remains bullish until The precious metal commodity markets takes a dip. AVERAGE ANALYSTS PRICE TARGET $7.39 AVERAGE ANALYSTS RECOMMENDATION OVERWEIGHT P/E RATIO SHORT INTEREST COMPANY...
I keep a watchlist of precious metals and materials stocks that I watch as a barometer of the value of their underlying commodities as well as the market's sentiment on putting capital into safe harbor investments in times of market headwinds. Well, I've written quite a bit about this with my other articles about Kirkland Lake and Franco Nevada Corp, so see those...
Long! Due to better production performance in 2018 and the upgrade on the fields will result a better one in ‘19 combined with the incresing gold price will result better margin.
AGI - Rising Wedge Continuation Pattern Entry: Over 3.82 Target 1: 4.11 - 100 MA Target 2: 4.78 - 200 MA Support 1: 3.59
Should have a lot of engery behind it like most stocks should coming this monday, should be a steep and in quick succession if the volumes there
AGI looks like it is on a path to $0 before $100. Weekly chart shows a declining triangle as part of an overall downtrend. This suggest the stock will breakout lower. the stock continues to test the $6.00 support. I would say if it breaks below $5.80ish it will not return to $6.00 for a long time .... if ever. Time to let this one go if you own it.
* (Almost Identical To My Other Analysis Of ABX) AGI has been in a sideways consolidation mode since Jul 2016. Prices have formed converging trendlines . There are 3 short term possibilities ahead: (1) Minuette (e) is completed and prices will rally and breakout of the long term triangle. (As shown on chart) (2) Minuette (c) is still forming and will a new...
Check out this elliott wave count on alamos gold, combine it with the GDX gold etf analysis i made earlier and you have a perfect storm that could generate higher prices. I would not like to see prices below the 200DMA and 100DMA anymore, bulls should managed to develop a solid uptrend from this area. The stock also gave some nice earnings results. Dont trade...
Alamos has just broken a year old resistance. Gold price is pretty up, earnings were also better than expected. If this holds above, the stock might fly.
Looks like it might break out, but I'm not getting my hopes up.
Strong move back up possibly looking to retest the highs Risk is limited just make sure you get out if it breaks to the downside
If your bullish on gold prices, Alamos could be a great proxy to invest to. Major 5 Wave downmove was followed by a minor 5 wave correction higher towards 10$. Now we had an ABC correction towards 6$ of this 5 wave bull move. Market formed a classical flag and broke impulsivley out of it to test 9$ resistance. I am looking for a corrective type of move towards...
Alamos Gold Inc. Is a Canada-based company, which engages in the acquisition, exploration, development and extraction of precious metals. But, for me after a great fall, there exists a possibility of a strong recovery. A break over the red line could be a positive sign to buy this stock.