$BTC taking profit 8% gain*This is not financial advice, so trade at your own risks*
*My team digs deep and finds stocks that are expected to perform well based off multiple confluences*
*Experienced traders understand the uphill battle in timing the market, so instead my team focuses mainly on risk management*
Recap: My team entered $BTC at $60500. We planned to take profit at $72000 but we are now having second thoughts due to a really tough wall of resistance around $65000-$67000.
My team is taking profit here and thus closing out of our $BTC trade at $65451.36.
OUR ENTRY: $60500
TOOK PROFIT AT: $65451.36
My team made an 8% gain from this trade! Congrats to those of you who took this trade!
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Mining
NIKLF Rounding BottomInteresting mining stock.
How long will the commodity boom last?
Technically speaking, this is a textbook example of a rounding bottom.
The primary issue I have with this idea is the relatively short amount of time that the pattern has taken to carry out, although this may just be a product of a late-stage bull market and massive liquidity injection.
OLB ValuationOLB is in the process of ordering 24,000 miners per their previous press releases. At full operation and continuing to hold an escalating global hash and thus sha-256 difficulty rating, OLB will be approaching 10-12 coins/month on top of an operating e-commerce business that is modest, debt free, and successful. OLB is the future representation in the present of how “normal business operations” will be augmented by bitcoin mining if access to space and energy.
Keep this in perspective: SDIG is valued at 625m and has 3x the miners OLB has while OLB is valued at 81m. That is nearly 1/8th the valuation with 1/3 the operation which proves OLB’s market disconnection. Now, should OLB be $210m market cap: probably not given SDIG has faster access to hash scale and rigs in order, but, 81m is still about 120% off.
Couple this with bitcoin likely attacking through 70 and the executive team for OLB owning >50% of the company itself (Source: SEC disclosures), this could be a 3x from here that, yeah, could gain unwarranted but potentially inevitable momentum. x
Great Entry Point for $SVE / $SLVRFSilver One is a very bullish play at this particular time **NOV-21
Multiple headline exploration news aimed towards year end for the Rich Gold / Silver - Copper Cherokee project.
Surface sampling along the Cherokee vein system has returned multiple select surface samples in the 100's g/t silver range, with highs of 954 g/t silver and 4.8% copper at Cherokee, and 1,163 g/t silver and 4.3% copper with strongly elevated gold on the Southeast Cherokee vein (Figure 1 and August 6, 2020 and July 19, 2018 Company news releases).
Silver One Resources is a very leveraged Silver play, the expected returns of this Junior in relation to Silver are as follows:
$22 Silver -> ~0.35
$24 Silver -> ~0.50
$28 Silver -> ~0.80
$35 Silver -> ~1.40
$45 Silver -> ~3.50
$70 Silver -> ~6.00-7.00
SSRM Potential 50 Percent GainCompany Profile
Sector: Materials
Industry: Metals & Mining
Company Location: Vancouver, BC
SSR Mining Inc., together with its subsidiaries, engages in the acquisition, exploration, development, and operation of precious metal resource properties in Turkey and the Americas. The company explores for gold, silver, lead, and zinc deposits. Its projects include the Copler Gold mine located in Erzincan, Turkey; the Marigold mine located in Humboldt and Lander Counties, Nevada, the United States; the Seabee Gold Operation located in Saskatchewan, Canada; and the Puna Operations in Jujuy, Argentina. The company was formerly known as Silver Standard Resources Inc. and changed its name to SSR Mining Inc. in August 2017. SSR Mining Inc. was incorporated in 1946 and is based in Vancouver, Canada.
12- Month Price Targets
Mean - $24.70
High - $27.00
Low - $20.00
Target vs. Current - 51.5%
Goldfields Upswing coming?JSE:GFI is showing some signs of a change in momentum. We have been in a downswing since June this year and I think we could potentially see a move upward. It is currently bouncing off of a strong support level and if not a complete reversal, I think we could at least see a retracement upwards before continuing downwards. I will wait for the two EMA's to cross in order to confirm the upward move before entering.
$CLF earnings analysis*This is not financial advice, so trade at your own risks*
*My team digs deep and finds stocks that are expected to perform well based off multiple confluences*
*Experienced traders understand the uphill battle in timing the market, so instead my team focuses mainly on risk management*
Recap: My teams still holding $CLF shares from our three entries at $13.27, $18.06, and $20.60
We are not planning to sell anytime soon...In fact we have actually removed our original take profit from this trade in anticipation of the bright future this company holds.
Earnings are expected to be released premarket on 10/22/2021.
We're not huge fans of the current chart set-up from a technical perspective, but looks can sometimes be deceiving. Either way we're not selling our shares. If you do not have any early entries on $CLF my team highly recommends that you proceed with caution...but if you do then just sit back, relax, and enjoy the show. In the long-term we have absolutely nothing to worry about the way things currently stand.
Good luck to all.
If you would like to see more, please like and follow us @SimplyShowMeTheMoney
$CINR october update*This is not financial advice, so trade at your own risks*
*My team digs deep and finds stocks that are expected to perform well based off multiple confluences*
*Experienced traders understand the uphill battle in timing the market, so instead my team focuses mainly on risk management*
Recap: My team first began diving into the soda ash industry when a data report which detailed an increasing demand for sodium carbonate was released earlier this year. During our research we stumbled across $CINR. $CINR is engaged in the production and sales of soda ash. $CINR has a facility located in Green River, Wyoming where the compound is resourced.
My team first entered $CINR at $14.28 per share.
$CINR currently sits at $16.38.
Next earnings are expected to be released on 11/1/21.
Our first take profit remains $18.28.
If you want to see more, please like and follow us @SimplyShowMeTheMoney
GSP - A Hidden gem - FOLLOW UPConsolidation periods closing out and were on a little run since the 50M HELM news.
14.5 million tonnes of proven reserves Tuskeg project to last the next 50 years at a median price of $500/tonne would yield $7.25B this thing is primed so well its going to BLOW at any time. Been accumulating shares of the past year and with recent news released there's lots on the horizon here. Current market cap of 117M and as per the last news release:
"The senior debt financing package for the Tugaske Project, being arranged by joint lead arrangers KfW
IPEX-Bank and Societe Generale, is expected to be for up to CAD $280 million with the financial model
supporting the robust economic viability of the Project. As highlighted in past news releases, all due
diligence reports from external consultants for the assessing the technical and commercial merit of the
Tugaske Project, its risks and its financial returns required by senior lenders are in final form and
supportive of a favourable credit assessment. Gensource will provide further updates soon with
respect to the senior debt financing for the Tugaske Project"
Conclusion:
I have a fairly large position relative to the size of my portfolio and am comfortable adding here as a relatively small cap wont get hit as hard to a proper correction I'm expecting before the end of the year. When the senior debt financing package is complete I expect to break $1 in which I will %20 of my position an the rest is running long!
souces:
gensourcepotash.ca
BitFarms Long TermBitFarms is a Bitcoin mining company that IPO on the Nasdaq this past year. They have 5 different plants all located in Canada. One thing to note is their use of clean energy, which has been a heavy conversation for quite some time. For comparison RIOT and MARA were around this sub 10$ range about a year ago. Now both trade around 30-40 with highs near the 60s. Long-term potential for growth in comparison to their costs creates massive potential for consistent profit. One metric to note is their cost per BTC mined is $9,000 and it's currently valued at over $45,000.
BTCSTUSDT Short term Trade lines As you know, El Salvador started to produce bitcoins using geothermal energy from volcanic sources. If you don't know, BTCST group is a partner of this project …
BUY $FLR - NRPicks Jul 05Fluor Corp. operates as a holding company. The firm engages in the provision of engineering, procurement, construction, fabrication and modularization, operations, maintenance and asset integrity, as well as project management services, on a global basis. It operates through the following segments: Energy & Chemicals, Mining & Industrial, Infrastructure & Power, Diversified Services and Government. The Energy & Chemicals segment focuses on opportunities in the upstream, midstream, downstream, chemical, petrochemical, offshore and onshore oil and gas production, liquefied natural gas and pipeline markets. The Mining & Industrial segment provides design, engineering, procurement, construction and project management services to the mining and metals, transportation, life sciences, advanced manufacturing and technologies sectors. The Infrastructure & Power segment provides design, engineering procurement, construction and project management services to the infrastructure sector. The Diversified Services segment provides asset services, asset integrity services, equipment solutions and staffing services. The Government segment provides engineering, construction, logistics, base and facilities operations and maintenance, contingency response and environmental and nuclear services to the U.S. government and governments abroad. The company was founded by John Simon Flour, Sr. in 1912 and is headquartered in Irving, TX.
ASX:FMGThe recent drop in iron ore prices has seen the major mining companies being beaten down, the selling has now reached panic proportions and of all the big miners Fortescue has faired the worst. While I am not saying this is a good time to buy, as iron ore prices still have fundamental head winds to contend with and the prices can certainly move much lower before smaller miners are forced out the market and the supply glut begins to dissipate. However expect some consolidation or a small bounce within the highlighted zone before any moves lower are made. This zone will be the first major test for bulls if the can keep prices around the $15.00 mark and a floor develops in the next few months in iron ore prices this could develop into a good buying opportunity. Don't be surprised though if price consolidates before moving lower to one of the highlighted support zones.
*Not a recommendation to buy or sell, simply for educational purposes*
21/09/16 BTCUSD - Very Bearish Outlook - by RT-TradingDear Traders,
First of all, thank you for your positive Feedback on our first post in terms of XAUUSD (Gold). My second analysis will be about BTC .
BTC is on everyones lips. But I think that the hype about the avoidable bull run will pass.
Technically, BTC doesn't look good at all. The price reacted exactly between the 50% and 60% Fibonacci levels as I expected. The volume decreased sharply, the divergence on the RSI became larger and larger. The strong sell-off last week was therefore only a matter of time. So what's next? I think that we will correct a little further, up to around the area I have marked, before the next wave of sales starts. I determined the minimum short targets using Fibonacci extensions. I have marked the relevant areas from 0.618-1.618 in gray for you. I am very confident that BTC will move there in the coming months. At the same time, these are ideal buying opportunities for those who have not yet been able to benefit from BTC.
What do you think of my idea? I am looking forward to your feedback!
Warm greetings,
Raffa
$ANY Major cryptos have bin rebounding after the recent sell off$ANY finding strength. News was out today
1. Seeking Alpha article with a $45 price target
2. The first batch of its 7,200 BTC miners are now live.
An alert is set for 7.67 We want to see a retest and a strong solid candle close above this level for a possible brake out play.