Fission pullback, based on a broad misunderstanding on the function of a consolidation (recent news), is done.
so bullish it hurts
Wedge breakout in the shape of a cup and handle! Wow!
Nothing holding this back now, still time to get in for an easy 5-15 bagger.
Don't be fooled. You can't print your way to prosperity. History repeats.
As said in the title.
It has no choice.
In August 2011, gold was at $1,900 with 20MA volume of 2,200,000. If you divide the volume by the price, you get a number, 1160. 1160 can serve as the sentiment factor. In Dec 2020, people will have ample time to determine that the dollar is crashing and that the only safe-haven is gold. The 20MA volume in Dec 2020 will be about 20,000,000. Divided by 1160 ,...
I think sentiment quality will change so rapidly, that gold will reach $9200 before the end of the year. August 2011 20MA volume was 2.2 million, and gold was $1900. The ratio of those is 1160. April 2020 volume was 10.6 million. Divide 10.6 million by 1160 = $9206 2011 sentiment level, as expressed as "1160", applied to today's volumes will push gold to...
Trying to make sense of the next upside opportunity.
If it drops past .295, I'll wait a bit more to load up. Long holder.
As if this company wasn't already a great early investment as-is, gold could go down tomorrow and this is going to $1.30-$1.40 in the very short term.
IMG was getting ready to pop before the interruption today. Repeated attempts to get to one year high (blue line). They also have a lot of cash right now.
Had it not been for the disruption, ELD had just broken out from it's shake out down trend.