JNUG's 34 cross' over 340 - 1st time since April 2016 - BULLISHJNUG's 34 cross' over 340 - 1st time since April 2016 - BULLISH
Miner
HL / Hecla is worth $3.50/share (Weekly 340, 204 & 500 Hull)HL / Hecla is worth $3.50/share (Weekly 340, 204 & 500 Hull)
#ANTO - Worst weekly fall since Sept 2011A big fall this week.
Broke through weekly 50 EMA and heading towards its 200 EMA.
Will it break that and head into a downtrend?
Silver Miners Setting up for Big Bullish MoveMarkets are correlated. US equities have been staving off another major decline for the last few months, and conversely, precious metals--although impacted by a rising dollar--remain long-term bullish. We can see a nice wedge-type formation here of bullish implications. It's full target is about 40% above current prices, but then full targets are not necessarily reached. Strategy is to go long on break of trend line...this will likely take a while to play out given the chart shown is weekly.
$SILJ W,D W: reverse trend in progess, if more caution needed, watching for the RSI mov.avg over 50 too
D: June 2016 trend line broken for uptrend, currently OB
Tracklist Stock: AXUAdding this stock to my tracklist: no position atm.
Alexco Resource Corp. conducts mining operations and mineral exploration and development in Canada.
It explores for silver, lead, zinc, and gold ores.
The company's mining business activities are divided into two reportable segments: Environmental Services and Mining Operations.
The Environmental Services segment carried out through Alexco Environmental Group, providing consulting and project management services in respect of environmental permitting and compliance and site remediation and reclamation; and the Mining Operations segment, including the operating Bellekeno mine, producing silver, lead and zinc in the form of concentrates.
It also had a non-operating segments, the Exploration of Mineral Properties, which includes exploration and evaluation activities; and the Corporate segment, which includes the Corporation's executive head office and general corporate administration and activity.
Alexco Resource was founded on December 3, 2004 and is headquartered in Vancouver, Canada.
Website:
www.alexcoresource.com
- Sales 2016: 80,1 M
- EBIT 2016: 31,5 M
- Debt 2016: 16,0 M
- Sales 2017: 144 M
- EBIT 2017: 30,3 M
- Capi. / Sales2016: 2,77x
- Capi. / Sales2017: 1,43x
- Capitalization: 206 M
Tracklist: no advice atm.
Notes:
- Trades in sync with gdx/gdxj and thus spot.
- Longterm target on the chart is currently set at 2.68
- Daily support zone is at 1.31
GDX Gold miners at support!pretty close to the buying area now...
wait for 4th of December for the Italy referendum vote, we could see one final dump to buy the dip.
Possibility a re-test of $26.
Short miners Almost a complete capitulation here... giving another try.
Possible technical breakout, with tight stop loss...
pennies to thousands long term miner coming out of cloudcoming out of thin cloud-see our book on amazon on clouds-diversify among juniors-cci and percent r upper range-stoc crossed-money flow good-bollinger bands narrow-
pennies to thousands long term junior minerabove cloud and 200-juniors will run with metals-see in our book on amazon about relative strength-diversify among juniors-stop loss i n cloud-cci and percent r upper range-money flow good-mace crossed
My dataminer is stating bull, but i'm only seeing bear (next 3 dMy data miner is showing high probability, based on last 20 years, of VOD going up
Longterm neutral Andrew's Pitchfork at roughly 33.50;
Shortterm schiff's pitchfork bullish (and below price action);
Showing strong support/resistance at fibonacci levels
ActionReaction showing a downtrend yet realized that should end around 4/22.
Fib Arcs showing strength by trends; both showing downward arc resistance.
All Bear news on MACD, Stoch, and CCI.
Let me know your thoughts
SPY/XME/USO/GLD/SLV Ratio 4/18/2016 (Short-Term View)Watch the lines. This chart tells us when to switch from bubble assets to contrarian assets.
SPY/XME/USO/GLD/SLV Ratio 4/18/2016 (All-Time View)Watch the lines. This chart tells us when to switch from bubble assets to contrarian assets.
pennies to thousand long term pureest silver play minersilver mining cost 11- above cloud and rising - put stop loss at cloud- pvt and money flow growing- cci and percent r upper range -stoc and money flow strong -relative strength strong- good hedge against negative interest rates
