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
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About Lundin Mining Corp
Sector
Non-Energy Minerals
Industry
Other Metals/Minerals
CEO
Peter Thomas Rockandel
Website
lundinmining.com
Headquarters
Toronto
Employees
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.
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!
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This info isn't a recommendation for what you should personally do, so please don't take the data as investment advice. As with any trade, always look first, then leap. Read more in the Terms of Use.
