chart say get long.........................................................................
WPM has broken long entry level for the symmetrical triangle. Prior resistance which is now support. Almost a dark cloud cover candle pattern today so pulling back is part of the market, but looks like this will be an engulfing candle by market close. Both are bearish. Just means a pull back is occurring which is par for the course. Dark cloud cover is a 2...
id say this goes higher, pretty clean construction
Company Profile Sector : Materials Industry : Metals & Mining Company Location : Vancouver, BC Wheaton Precious Metals Corp.(WPM), a mining company, primarily sells precious metals in Canada and internationally. The company sells gold, silver, palladium, and cobalt deposits. It has agreements for 24 operating mining assets and 7 development stage projects....
WPM Long idea with fundamentally and technically supported The overall fundamental idea is the demand for materials, commodities, especially GOLD in this monetar-political cycle. As we know: keeping GOLD is good conpensation against inflation. Technical picture: RSI <40 means: oversold This is also suppported with a counter trend break. Also the 36 $ is strong...
After the selloff yesterday the 16th of September 2021 where might be some-short term opportunities to go long in the precious metals market
Nice consolidation occurring on Wheaton. Looking for this to resolve upward in coming weeks. Low risk long entry attempts are coming
Although short term i anticipate that price action falls with Gold/USD struggling with the $1950-$2000 area. Profile damage i believe will not be long lasting. Cup and Handle pattern in play with a continuation breakout of 56.77. I have used Fib retracement levels from the base of Cup to current pull back levels to gauge depth of handle (RSI similarly down-ticking...
Wheaton is a good core position in any silver bullish portfolio.
#wpm #fsm MINERS LOOK GREAT!!! time to rock & roll
Description: WPM is trending higher and in an uptrend meaning that highs are getting higher and lows are getting higher. The uptrend line on the chart and the Trending Band Indicator (which measures trend) supports the Long Position. Stats: 1. Ideal buy range: $47.1 - $48.5 2. Take profit: $55.48 3. Stop Loss: $46.07 4. Risk To Reward: 1 / 6 5. Accuracy Rating: 91%
Chart pattern: Bull flag Entry: Immediately (the price ended the secondary downtrend of the correction on the 17th of May) Stop: ~35$ Target: 74$-98$ Stopmanagement: SAR Parabolic weekly chart default settings Risk:Reward-Ratio: > 2:1
Wheaton Precious Metals Corp., a mining company, primarily sells precious metals in Canada and internationally. The company sells gold, silver and palladium minerals. It has agreements for 20 operating mines and 9 development stage projects. The company reported adjusted earnings of 33 cents per share in the fourth quarter of 2020 final figure that increased...
Monthly chart forming support from past resistance level. Weekly and daily developing shoulders for inverse head and shoulders. Slight backtest of downward trendline on daily. This level is worth putting some risk on.
no S SHERLOCK!!! lol silver is coiled like a spring like the miners.
#DXY SOME SILVER STOCKS I RANDOMLY PICKED LOOK IMPRESSIVE ESPECIALLY #FIRSTMAJESTIC #USDTRY I GET SIDETRACKED BY SOME FX TALK #TURKISH #LIRA CANARY IN THE COAL MINE???
For WPM , it's getting very close to do-or-die time. A break above the red resistance range (with at least one daily close) would be SUPER bullish for WPM and the whole precious metals sector. However, should WPM break below the green support range (with at least one daily close), we would expect a lot more downside pressure to come to the precious metals...