Given 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
Everything on chart. *we should not be worried about the sinkhole news. Check out my other ideas! Thanks for your feedback. - SagaTrading
Since there is ressecsion going on, and the sinkhole
Option 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.
Right now at resistance, low probability entry. Either needs to break resistance or revisit support and create a double bottom or something similar.
Retracement on day chart. Maybe we see a Bullflag? Buy on fib. 61.8% Retracement maybee??
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 with.
Hello again! LUN has pulled back beautifully into the 2 week! Long at 11.41 with a target of 11.97!
On sale today. Look fear straight in the eyes and hit that buy button. If you like my ideas consider hitting that donate button!
Test, it has failed to break the long term resistance on the same level before
Copper: Nickel; Zinc: Dollar dependent.. neutral.. then long after the summer
Watch and see if the analysis is correct although I would still miss a low. If we can count with 12345 of the wave (1), then I will examine the correction pattern of the wave (2) with abc in more detail, in order then to find the entry and take the wave (3). But this will probably take several months.
TSX: LUN LUN NYSE:LUNMF LUNMF Lundin Mining is a mid-cap mining company that will benefit from rising cobalt prices and demand. Waiting for bounce off likely 4.55 for entry, or 4.35-4.40 range, and not likely lower $4.06-4.10 Fib retracement. RSI going above 50 with 1w chart shows good entry with lots of scribble correlation. Sorry for the business, I mean...