This user was banned for violating the House Rules. The ban is for social activity only - participating in public chats, publishing ideas, commenting and so on. The ban has no effect on the functionality of the platform.
Alamos Gold Inc. Is a Canada-based company, which engages in the acquisition, exploration, development and extraction of precious metals. But, for me after a great fall, there exists a possibility of a strong recovery. A break over the red line could be a positive sign to buy this stock.
Most probably this stock is in the recovery stage. If it doesn't, then we can anticipate a move heretofore the death rattle. A break above the red line may expose to 127% of the fibo extension. Let us closely watch this pair and see what happens.
It had been an unstable year for miners, with metal prices starting near multi-year lows as executives drew from a common playbook. However, the stock is not yet fizzled out. A trade setup has been marked well on the chart.
XLU is a massive, highly liquid fund that only invests in utility companies that are included in the S&P 500. It is one among the cheapest and most liquid options. I am expecting a structural break down. Will only enter if the relative upward strength or the volume of the pair runs out. I have identified the same structure on RSI below. Have a look.