KIN2 trade ideas

Tradersweekly Updated 

Bullish thesis is supported by crossover in Stochastics as it oscillates around low values. Furthermore, the RSI appears as it have already bottomed out and started its reversal to the upside. Fundamental factors in precious metals market are also in favor of gold minig stocks as price of gold is currently little below 1800 USD per ounce and continues to rise. Our...

kellyaisosa

Fib Retracement significant 50% level

JibasJr

Very nice setup

kaptkoreatrading

KGC Broke above the 20 MA weekly last week. This week backtesting it. Easy risk management with stop under the Moving avg.

ClargyInvesting

Gold bottomed on March 8th, 2021. born2invest.com Kinross Gold's financials have also improved at a staggering rate since 2018. 2018 Financials: $3.05 Billion Revenue ($22.40 Million) Net Income -0.73% Profit Margin 2020 Financials: $4.44 Billion Revenue $1.41 Billion Net Income 31.86% Profit Margin When technicals and fundamentals line up, long-term plays...

WhoLetTheBullsOut-

This KGC chart seems poised for upside due to many technical reasons. It's just plain beautiful. Harmonic, divergence, moving average support on the weekly. First positive momentum in a long time showing this week.

JaceStryker

Kinross Gold breaks out of its consolidation. If the breakout holds, Kinross is looking to at least double from here in the next couple of months.

BH42

Kinross yesterday broke out of a long downward channel to the upside with good volume. We will look to see a retest next week and should this hold and bounce we can expect Kinross to start a new upward trend. We need to see Kinross push higher from here and not fall back within the channel for this new trend to begin - may be subject to the gold price so look...

Rich_Exclusive_Trading

When the markets reset the big plusses of the last months, this stock will make a huge jump!

ladedimone

But at supports Sell at resistances

G-23

KGC is currently at previous support of roughly 6.20$ retest of 7.50$ in the near future.

kaptkoreatrading

Hence the reason you're supposed to wait till candle close to confirm the breakout. Still has time to reverse by end of day though so let's see what happens.

kaptkoreatrading

So let's see how significant that support level was and that we closed above it and rallied after their earnings call. This support resistance line has been of importance since 1994 !!!! Hidden Bullish divergence on the weekly played out like a mofo ! original post was jan 26th ! : ok so i was a little too early :)

kaptkoreatrading

Finally ...been waiting forever it seems. Finally got the breakout today....still need to make sure candle closes above but def a good sign...and back above both moving avg's.

kaptkoreatrading

Getting close to looking like it wants to breakout...had a nice bullish hammer on last weeks candle. Still showing hidden bullish divergence on the weekly time frame and the Mac D histogram is still waning towards positive momentum. Earnings are in a few days though and that always adds a little risk element but so far looking real good.

sureshsehrawat

target on chart

Classic-Options

$KGC breaking out with pullback test, like above $7.

kaptkoreatrading

Might have been too early on this one. You'll notice we fell below the support that we triple bottomed on and had divergence but the market sell off yesterday caused it to fall below this critical support area. Today we rallied back above it but have sold off and is hanging on for dear life. Have your stop losses on this one tight. If break this level we go...