SSR Mining has suffered and been Punished by the Markets for these reasons.
Recovery Trades are inherently very Risky, but if successful can offer great Returns.
I'm keeping an Eye on this Ticker and looking for a Reversal.
I will call this one LONG should we see a Reversal.
As always, please get a few outside Expert's Advice before taking Trade or Investment...
SSR Mining Inc. is a leading, free cash flow focused gold company with four producing operations located in the USA, Türkiye, Canada, and Argentina. They produce over 700,000 oz of gold a year.
Friday had a bullish engulfing candle
I see a target price of $14.30 , where there is resistance.
War news again this weekend will push oil and gold up again.
Good luck traders
SSR Mining has a very interesting setup here, both a quarterly and also a daily signal warrant a long entry here. If the quarterly signal pans out, initially we'd target $16.50 by Q4 2020, but eventually, this could make price trigger further quarterly confirmation for bulls, potentially pushing price to even higher levels, circa 28.31.
Free cash flow is an...
Always been one of my favorites due to the massive amount of silver reserves they control . Nice breakout recently . Support @ 22.32 should be watched to go long above
SSR Mining Inc., together with its subsidiaries, engages in the acquisition, exploration, development, and operation of precious metal resource properties in Turkey and the Americas. The company explores for gold, silver, copper, lead, and zinc deposits. Its projects include the Copler Gold mine located in Erzincan province, Turkey; the Marigold mine located in...
SSRM has traded in a range since the pandemic of 2020. However, the longer term trend for SSRM - going back to 2015- is upward. Obviously there is high positive correlation between SSRM and the spot price of gold due to the companies revenue streams which rely heavily on the price of gold. SSRM has wonderful fundamentals. Despite the companies relatively small...
I guess that's what you call a breakout.
MarketBeat analyst sees an average price of 30 which would be consistent with the 1.618 on the monthly here.
I had been averaging down this stock an will let it run since I believe we are now resetting the cycle on mining stock.
Company Profile
Sector: Materials
Industry: Metals & Mining
Company Location: Vancouver, BC
SSR Mining Inc., together with its subsidiaries, engages in the acquisition, exploration, development, and operation of precious metal resource properties in Turkey and the Americas. The company explores for gold, silver, lead, and zinc deposits. Its projects include the...
SSR broke out of its downtrend in April 2021 and made a high of $24. 40 , in the beginning of June. Since then it has been pulling back and currently at its 61.8% Fibonacci retracement zone. Price Action at the current zone shows that it has found support and any bullish price action will be an encouraging sign to get long. My target will be $23.15, the next...
Bearish idea on SSRM gold mine. According to gold retracement the short is based on a potential third and last bearish movement to 10.30$ where the bullish movement started.
SSR Mining Inc is a minerals company focused on mining precious metals in the Americas. More than half Silver Standard's revenue is attributable to the production of gold, with a significant portion derived from silver production. The company owns and operates the Marigold mine in Nevada, United States; the Seabee Gold Operation in Saskatchewan, Canada; and the...
Hello traders, SSR MINING is in a fake bearish push with weak sales made and a trace made by sellers. On the TIMEFRAME M1 we see a panic which will leave the stabilization zone to move towards its last lowest. And make a big turnaround likely to break the VWAP to breakout the price catch up on losses before session to get to the next high. Which is a significant...
Over the last three days, Tickeron A.I.dvisor has detected that SSRM's AroonUp green line (see chart) is above 70, while the AroonDown red line is below 30. When the green line goes above 70 while the red line stays below 30, this is an indicator that the stock could be poised for a strong Uptrend. For traders, this could mean going long the stock or exploring...
