This is a darkhorse play here with the potential of big 1000%+ gainers in the long term. Right now, price action is in the distribution stage and trading sideways. This zone is where most institutional investors are investing in and placing their money. Hence the motto "buy low, sell high" concept.
Don't know too much about the company but it looks like...
Cup and handle of ginormous proportions. As the U.S. continues to devalue their dollar and print endless supply of money, this will drive people to gold and help push the price into record highs.
All signs, both politically, economically and technical analysis is showing Gold and silver will become rightful Kings of the world once again.
This is a long time waiting 40 year cup and handle formation that will blow out of the water in the foreseeable future. This could be the end of cheap silver.
Gold has a similar formation and I expect both metals to perform well in the coming years.
Haiii guys! ! !
This is my first chart so please do not take this as financial advice. I'm doing this for fun and experimenting.
Anyways, this should play out the next 2-3 days and I have a target at 40-50k.
50k is for people who want to gamble.
Bye Luvs <3