Herenya

Herenya Broker

So, the channel finally breaks and we head lower to support. Will update the idea tomorrow with targets etc.

Herenya Broker Updated 

So MCG turned down Canal +, only to announce a content deal with Paramount Plus. This is certainly good news for MCG streaming subscribers. Here's looking good for new highs once this level is broken. We bought the break at R107, which may have been a bit early, but we think it should be ok in the end. Target is R123 with a stop at R100.

Herenya Broker

HECLA is trading as if Gold is trading at the lows. This is more of a Silver play, but HECLA has Gold exposure that is seemingly going unnoticed.

Herenya Broker Updated 

FNV has been under some pressure recently, as is the case with most Gold stocks really. FNV is another prime example of a high quality Gold miner that is trading below its 200-day moving average while Gold itself if making new highs. This is a strong buy from us.

Herenya Broker

Ok, Silver is not Gold... but we can't help but wonder when Silver will be catching a bid? Also, this downtrend line is on the verge of breaking.

Herenya Broker

PAN is breaking out of a long-term range. Consider that this is a weekly chart looking at 5 years' worth of data. So, this price target will take a good long while to be reached and it certainly won't happen in a straight line. That said, we really like this stock for the medium to longer-term.