BARRICK GOLD CORPORATION ABX

tsx_trader

I am already in this trade in call options. I see this playing out well. The gap fill target would be really nice for options traders. Either way, still trading well below analyst avgs and strong buy IMO.

thelion01

I would expect this will bounce to at least gap fill mid -27. Short term bullish with gold set up a reversal hammer.

tsx_trader

I opened a LEAP call option with strike price of 40 if I am not mistaken. Willing to accumulate more should it continue to come down to $20 on the share price. This was one of Warrens only Canadian holdings through out last year. It is trading at a massive discount. It is a great hedge against a bearish market on the long side. The case against it would be...

ladedimone

Buy at supports Sell at Resistances

mk5brown1994

Barrick Gold is way oversold and appears to have nice support in the $29-30 range. Daily & weekly RSI in the 40s/30s and trending upward, along with ascending 200 dma on the weekly which we're well above. I believe this will be the start of a year long uptrend IF volume appears soon and we can keep closing above ~$29. In order for this to happen, the gold chart...

koples

Volume and liquidity levels potentially confirming a bottom. Looking for higher low on lower volume. Moderate upside potential with gold bounce and dollar destabilization.

SlashFractal1

S E L L - Get out now if you can before the new year. Cause this stock is totally bearish, just look at the chart, all it says is , um meh.

wozney

Based on current support and resistance over the last couple months and other indicators, we should see another uptrend to around $35 to $40. I would set a stop loss in case the trend does reverse but from the looks of it, it will be uptrend.

mario_b

test

x45lu

Hello traders, Looking at the daily chart for ABX, it is at the really critical level. RSI is oversold for the first time in the daily chart this year, and there is confluent layer of trading volume in this trading range: resistance (Feb 25th, 2020) support (June 5th, 2020) Also, XAUUSD is at 200MA in daily chart as well. We can expect relief rally if...

thelion01

Before the gap up on news that BUFFET bought a bundle of stocks in ABX...now is back to that zone before the news. Also spotted a Falling Wedge. Will try some here for a swing...

FazilHella

The canal broke last month and the trend tend to be bullish. In the next few days we might see a clear trend appear and we might be able to use new information in a more glabal view to take actions. To be honnest I'm gonna wait until an oppurtunity to open to jump in.

Toppbuyer

As you can see ABX Had a massive long and is now due to go back short🤑🤑🤑💃🏽💃🏽Feel free to get on this⚡️⚡️⚡️Educational purposes only🤑🤑🤑

Area618

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etfsandstuff

Barrick. A no brainer right ? Still many overlook this one. Im thinking the trend that has many uninterested is about to pick up speed !

drchelsea1

0. Notes to follow;

Fourways2020

the next level of abx stocks price is 41 CAD let’s share your love buy giving me likes and comments thank in advance.

KBaouche

weirdly enough i played with it and it seems better correlated with the gold/euro than the gold/usd (may 2017 to april 2018 it keeps on going up when barrick gold and gold/euro go down)