I expect 5th wave in many PM mining stocks to play out
I use PHLX as a tracker for the PM mining sector in general. Many other mining stocks are channeling upwards and while we're currently consolidating I would expect a continued move upward to the top of the channel. We've already tagged the lower channel line so as long as it stays within the boundaries the move upwards continues.
Note
That channel didn't hold up. Larger base forming/formed.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.