EMX $6 Above all moving averages besides 200 weekly for now.. primed and ready for a strong move. Impressive Revenue growth, major cash flow increase, announced a share buy back with new CFO last week. break of 2.10 game on
Trade ideas
EMX to ~$2.23EMX, a tiny new gold royalty company should be on its way to $2.23.
Triggering the final d-target of the hourly chart would also set off the an entry on a much larger chart bound for $2.87.
EMX Stage 2 Breakout2nd week in row above 30 week MA this week double volume from last week. Next week could consolidate, any pullback would be a buying opportunity as long as we stay above the 30 week MA. MACD and RSI look like they have plenty of room to run as well...
EMX is presenting an opportunity Major lone term support line dating back to 2017.
thoughts & Information is on the chart.
This is Not financial advice.
Tread Carefully...EMX Royalty is a fantastic company with many fantastic assets. I was examining the chart, thinking "The upside in this one is enormous". But something was off. Sure, price could easily break all time highs to confirm an overall uptrend. But why wasn't the price reaching the 50% level on the Fib retracement? And what can be made of the massively declining quarterly earnings? And then I noticed it.
Earning is tomorrow, March 28. If earnings is a miss, which is likely, then the price could drop down and complete the second shoulder of a head and shoulders pattern . This will be temporary but in the short term I'm short EMX.
EMX Break OutThe price closed just under the POC making this a low risk entry point. Also the MACD is about to cross and yesterday's close was just over the 50% fibonacci level. This looks like it's ready to break out.
First target $3.81
Second target $4.16
EMX is a good play for copperUsing the Jake Bernstein MAC method, you could have bought at the bottom of the channel today and sold at the top of the channel. EMX Royalty is a nice way to play the bullish copper market. This plot is using the Rob Hoffman MSR and stochastic spike indicators. The latest stochastic spike suggests a pullback tomorrow and one could buy below the support of the channel.
EMX to the moonEMX hit 4.20 and got a whiff of that sticky icky ooo wheee, now its going waaaay HIGHER baby!
Up or Down on EMX?o you think this will move up or down? It's pretty much dependent on gold movement...?
$EMX Royalty on verge of breakout EMX Royalty Corp. engages in the acquisition and exploration of precious and base metals properties. The firm focuses on the gold, copper, silver, lead, zinc and molybdenum properties. It conducts exploration on properties located primarily in Turkey, Haiti, Kyrgyz Republic, Europe, Southwest United States, and Asia Pacific. The company was founded on August 21, 2001 and is headquartered in Vancouver, Canada.
Bull run continues for $EMX Royalty EMX Royalty Corp. engages in the acquisition and exploration of precious and base metals properties. The company focuses on the gold, copper, silver, lead, zinc and molybdenum properties. It conducts exploration on properties located primarily in Turkey, Haiti, Kyrgyz Republic, Europe, Southwest United States, and Asia Pacific. The company was founded on August 21, 2001 and is headquartered in Vancouver, Canada
Breaking out of multi month Ascending Triangle EMX a gold and basic minerals royalty play, is breaking out this week of a long term multi month ascending triangle on increasing volume. The price target for the pattern is $2.20. (h-L)+H. (1.40-0.60)+1.40.
Short Term BullishThe 3-month chart shows the classic pivot from 50% down to a 25% entry before easily passing through the resistance 50% on its way to our 100% target of $1.48.
EMX moonshotmajors are making moves... followed by junoirs... follow by... EMX??
this is assuming gold continues up.
$EMX - Bullish Momentum Still Holding EMX Royalty Corp. engages in the acquisition and exploration of precious and base metals properties. The company focuses on the gold, copper, silver, lead, zinc and molybdenum properties. It conducts exploration on properties located primarily in Turkey, Haiti, Kyrgyz Republic, Europe, Southwest United States, and Asia Pacific. The company was founded on August 21, 2001 and is headquartered in Vancouver, Canada.
SHORT INTEREST
43.23K 09/30/19
P/E Current
2.34
P/E Ratio (with extraordinary items)
2.53
P/E Ratio (without extraordinary items)
1.94
EMX ROYALY CORPORATION - NYSE: $EMX One To WatchTECHNICAL
For the past year, EMX Royalty Corporation NYSE: EMX has traded in a range between $1 - $1.50 despite all the gyrations throughout the resource and precious metals mining sector. While many Jr. mining stocks have had a tough go of it for the most part with the exception of the very strongest names within the group, EMX has held-up and continues to display solid technical characteristics.
When observing the Daily chart above, we can see that EMX continues to trade above its 20/50 and 200 DMA's, suggesting a favorable technical posture.
In addition, when extending out to the Weekly and Monthly time-frames, EMX also portrays a picture of strength. Thus, we have favorable technical characteristics across multiple time-frame durations.
Therefore, both investors/traders may want to put the shares of EMX front-and-center on their radars for further monitoring moving forward as we suspect that when the next major advance ensues within the precious metals space EMX is positioned and poised to shine.
