LRDJF St. James Gold Corp. oversold St. James Gold Corp., an exploration stage company, engages in the acquisition, exploration, and development of mineral resource properties in Canada. The company primarily explores for gold.
Price Target 1: $2.05
Price Target 2: $2.90
Stop loss: $1.05
Looking forward to read your opinion about it.
Goldcorp
A golden view on GG!- It is very important the the price back above $11 soon before it considered a trading range the bounds between $11 to $17.
- A break out of the range then lead the price to the $35 target.
GG Goldcorp INC. Potential LONG?keep in simple.
we have fallen below volume average price, which is a great time to enter. With a long correction, comes a bottom.
This may be a long opportunity, and with our market still due a harder crash then last year, this may be the perfect storm.
We are retesting the last level below as I type this. I have a position long myself @10.15
Indicators are neither bullish or bearish yet.
happy trading, debating and speculating!
GG broken out of retracment box, Is it still bullish?With the gold miners stocks tend to have a very volatile behavior. They correlate with the equities market as well as physical gold. Hence they tend to gap up and down. That's just its personality. Looking at the long term view, it still looks bullish and the inverse head and shoulder is still intact. Possible morning star reversal forming if it if gaps up tomorrow. (Other miners like GDX, SLW also have the same reversal pattern and have respected the retracement levels). For the miners to be bullish from this point onwards, the equities market and physical gold has to become bullish.( or physical gold has to be more bullish that the equities market, if the recent selling and market correction is to persist. Ignore intra-day volatility and focus on the long term view. Swing/ position trading