I am seeing KGH as trying to complete sequence within general channel. Lower boundary of the channel is approx 71 PLN as for today. Locally there is another channel/consolidation in range of 105 -135 pln. I am expecting the price to lower to 105 pln in next move, if 105 would be broken then trading for 73-85 pln.
Dla osób ceniących większe bezpieczeństwo niż fx i krypto polecam do obserwacji KGHM.
Pierwszy poziom, który wyznaczyłem już zaliczony, teraz czekamy na drugi w okolicach 102,50
Jednak to jeszcze nie czas na zakupy a przede wszystkim DYOR :)
Hello,
Everything is on chart.
MACD just confirms RSI buy signal... This is the end of falls...
BTW,
KGHM is also producer of Silver and Gold which are supposed to be a hedge against the inflation.
Regards,
Paweł
After first time dividend and touching MA200, this stock can make another move upwards.
After Cooper and silver may stabilize now, this stock can also make in future good profit and rise again.
Speculative Long!
This polish mine company is very strong with the current Silver and Cooper prices.
On Watchlist for a buy. Hopefully get it a little bit cheaper at next selloff.
But very bullish chart!
This is just loose idea. It may by either type #1 or #2 of distribution oooooooooooor totally something else and I'm being wrong. Not financial advisor. Just posting for fun.
Enjoy :)
J.F.R.
I put half of my desired position in play based on the current situation.
If this level will not hold, I am ready to increase my position around 85.
Depending on the situation it may become a long-term thing or just a swing trade up to around 110.
Copper needed for electric revolution
Cooper needed for wind turbines
Weakening Dollar
3rd wave is starting for KGHM biggest silver and cooper producer in the world
