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.
Bearish descending triangle pattern may be developing. MACD, RSI and volume all with bearish implications. pattern is invalidated above 13000.
SAND has broken out of a bullish ascending triangle on high volume. Look to enter on a retest at $5.88, or take a position now. The target of this pattern is $8.28. ((H-l)+H)) ($5.88-$3.48) +$5.88.
Silver isnt just a buy for right now, it may be the greatest play of all time. The chart doesnt even go back to 1980. But if we look at the 1980 high to the 2011 high it is a massive cup and handle. Interestingly the handle stopped on a dime at the 50% Fibonacci retracement. THe indicated target is $94.54 (2011 high minus 1991 low + 2011 high ). Conclusion load...
Multiyear bullish ascending triangle about to break out, volume increasing adding to the confirmation. price target $4.18.
Bullish head and shoulders pattern on OCANF Oceanagold, Price target is $4.85