SQM BUYBuy signal at 30.25 $
Timeframe - 1 week.
Sociedad Quimica y Minera de Chile S.A. (SQM), is a producer of potassium nitrate and iodine. The Company produces specialty plant nutrients, iodine derivatives, lithium and its derivatives, potassium chloride, potassium sulfate and certain industrial chemicals.
It's interesting for me due to mining of Lithium. Which is used to create batteries.
If you want to see more history of this strategy, I will able to show you if you request me.
__________________________________________________________________________
You can use the signals independently or like indicator of trends together with other indicators in your trading strategy.
Know that the success of your strategy that based on those signals depends from your money management and the additional conditions that you make in these strategies.
You use these signals inside your strategies at your own risk.
The chart shows the last trades on the product + the last signal.
I have several strategies for different products, and I want to show you proof of it works on history, and you will be able to see it, when returns to that profile.
Therefore, subscribe and watch for that profile.
Mining
TRY Troy Resources (ASX) - WeakTroy TRY resources is weak, I see zero sign of an uptrend beginning for the moment. MACD and RSI point downwards and we are coming to test a support line for the 5th time and for sure we will break it this time. the next level is -40% from here at the last known low from 1990. I put an alert at this level and wait to see the reaction and any divergence if it's still weak there - possible to go to 1.618 extension at .022.
AVZ MINERALS - 10 baggerThere is a 10 bag opportunity here on ASX stock AVZ
Firstly I made another analysis in support of this idea. This is a lithium stock and I've analyzed and shared the major lithium etf in another post.
I’ve made a shorter term analysis here on the daily however please zoom the chart out to see the pattern cup and handle. If this pattern is real and executed in the medium term it is 10x
Just as in lithium etf I’m expecting a pull back but I will start to DCA in on this one from here because there is not much downside as I see.
We have had a nice pump with strong volume and breakout of the downward trend in may 2019 and the most recent one 2 weeks ago. We didn’t make a higher high but we have printed higher divergence on RSI and MACD. As I believe this one is giving a last opportunity to enter before big upside potential.
We are currently in a symmetrical wedge and coming closer to the apex. Expecting a touch of the 78.6 from this latest move at the 50/100 DMA If we break down below these levels and close I will be getting out also!
AUY: Another Channel Trading Gold StockSimilar to a few gold stocks , AUY just keeps treading water. I'm looking for these gold names to start moving (in one direction or another at least). If they finally break down, I can stop watching. But something tells me with the slower growth in global economies, it might not be time to ignore gold right now. Obviously we'll see but for the time being, can AUY actually set a firm push above this channel in the near term?
QUOTE:
"Its Jacobina site posted record quarterly production of gold as well as all-time-highs for full-year production. The company will release its full financial results after the market close on February 13 followed by a conference call on February 14. Will this be enough of a carrot to dangle in front of gold-stock investors between now and then?"
QUOTE SOURCE: Are These Gold Stocks Ready To Breakout In January?
BITCOIN | To $9,000, To High-Probability Trading Area!Hi,
It is time to make an update because the current Bitcoin price action has started to draw some high-probability trading areas. Lately, the BTC price has been quite loyal to technical analysis. As you see, this analysis is made in the middle of the day with expecting a breakout from the long-lasted down trendline. The breakout is not confirmed yet but if it gets confirmed then I will expect that the current move may find its end around $9,000 and there it is - the possible short-term reversal area!
The Down-Trendline From 2019 High
If we observe different exchanges then in some cases this down trendline has already broken but in the majority, it is not. I follow the majority and today this could be the day when we finally may get a breakout from it and considering mid-, long-term it is a pretty strong statement from bulls which may end a correction since mid of 2019.
If we look at a bit bigger picture then since 2018 December the bigger trend has been upwards, from $3,100 to $14,000. Considering that we can call it a counter-trendline (CTL). My older followers should know that those CTLs have been offered pretty powerful trading setups and probably this is not an exception, obviously after today's candle close above of it.
Possibly, we may get a buying opportunity but there needs to line up some criteria and as you probably know, my bread and butter are short-term reversal trades, not breakout trades. The current possible breakout just tells to me that bulls are trying to push the price into my marked high-probability short-term reversal area around $9,000-$9,350.
High-Probability Trading Area.
If we get today's candle close above the CTL, above EMA100&200 then I assume the price will reach my marked red box.
The marked red short-term reversal area is between $9,000 -$9,3500 and it consists of:
1. The round number of $9,000 has been a pretty psychological number for buyers and sellers.
2. The strongest horizontal price level inside the box should be the blue line ~9,300 - it has got the most rejections on the Daily.
3. Fibonacci retracement 62%
4. Fibonacci retracement 38%, pulled from 2019 high to 2019 December low.
5. Several Fibonacci Extensions 2x 127% 1x 200%
6. 4H timeframe clear AB=CD and the D point is exactly inside the red box.
7. 4H timeframe channel projection
8. The Double Bottom target (this is the Fib Extension 200%)
9. The IHS target is inside the red box. Both of these patterns aren't textbook examples but in general, they should show where the momentum may find its end. Both ideas are on the "Related Idea" section below of this post.
10. Risk lovers can short it at $9,300 but to get a higher success rate for trades then wait for a bearish candlestick formation. The area is pretty wide so, wait for it from 4H.
As said, the mid-, long-term sentiment should stay bullish as long the Bitcoin price is above the CTL. So, the targets should stay $8,500, $8,000, $7,600. Perfect would be a trendline retest and let the bull run continue. Hopefully, we get into the wave upwards after the CTL retest as shown on the image!
Do your own research and please, take a second and support my effort by hitting the "LIKE" button, it is my only FEE from You!
Regards,
Vaido
NEM critical Technical Level; Can It Hold?Newmont Goldcorp NEM is holding at a critical technical level right now. With this volume, it's hard to ignore. However, make sure to note the strategy the company is taking up right now. Deals and strategic investments. They just threw another $8 out there. This time it was to GTT .
QUOTE
"It’s also important to keep in mind other big deals that the company is part of. Namely, the strategic investment GT received earlier last month. Newmont Goldcorp closed on a C$8.3 million financing with GT Gold. The proceeds are slated for funding “all expenditures up to and including the Saddle North Preliminary Economic Assessment.” The specifics of the deal show Newmont receiving 6,877,199 shares at an average price of $1.20."
QUOTE Source: Top Gold Stocks To Buy Or Avoid After Key Updates
HL At Key Technical Level, Now What?COMMENTARY
Chart clearly shows this as a historic level of support and resistance for the penny stock . The last few times HL tested the level, it failed to break above it. Right now, it's trading right at this level; not quite breaking above but not breaking down either (yet). I think we're going to need to see gold pick up some steam for it to get over the hump from a technical perspective IMO.
QUOTE
"Shares took a 2-week break from Hecla’s second-half run in 2019. However, on January 14, Hecla stock began to return to its bullish trend. The stock jumped from $2.98 to highs of $3.18 just after 11:30 AM EST. This week, analysts from RBC raised the price target for the stock from $1.90 to $2.75. However, RBC maintained its “Underperform” rating. This came just a few days after analysts at CIBC upgraded Hecla from “Underperform” to “Neutral.” The firm also boosted its price target from $1.75 to $3.75."
QUOTE Source: Top Penny Stocks To Watch Right Now; 1 Up Over 100% Since November
I can see this as a good buying/mining opportunity..If you did see my last post, I have been using the VWAPA that did start on 12/31/2018 11:59:59 "Yellow line" and also on 12/31/2019 11:59:59 "White line" this time I have added the VWAPA starting on 12/31/2017 11:59:59 "Blue line"
Since it's over the VWAPA for the last 3 years, I can see this as a good buying/mining opportunity... Do you agree and if "Yes" or "No", why?
BSV on it's way to overtake BTCThis week BSV surpassed BTC for Daily Average Bitcoin Transactions Per Block by Network a key indicator of usage/utility.
coin.dance
Transaction fees are the lowest on BSV.
Mining profitability is the highest on BSV.
BSV has the highest Daily Average Bitcoin Block Size By Network and largest block size capability at 2GB.
BSV is proving itself to have the most usage, scalability, and best economics.
EGO: Best US-Listed Gold Stock To Watch In 2020?It was #2 of the top 4 best gold stocks to watch over the last 52-weeks. But compared to #1, which I wrote about on another board, I think the progress it has shown makes it stand out right now. Increased production, big potential reserves, etc. Something to keep in mind especially if the turmoil continues.
"RBC Capital recently initiated coverage on the gold stock. The firm rated it at “Underperform” and set a $6.50 price target. In November Eldorad updated its reserve and resources statement. This showed total proven and probable reserves of 384 million tons at 1.32 grams per ton of gold, containing 16.4 million ounces. Inferred resources at its combined properties – Perama Hill and Perama South – also increased by just under 760,000 ounces of gold."
Source: What Are The Best Gold Stocks? 4 Names To Know Right Now
Cleveland Cliffs is an inexpensive trade deal recovery playCleveland Cliffs is a mining company with a lot of exposure to China tariffs. The company's earnings took a huge hit this year due to the downturn in steel as a result of the trade war, and the price plummeted. The company should get a nice surge on any positive trade talk news. It briefly made a bullish trend line break Friday when the market thought a deal had been made to repeal tariffs, but it's back down today after Trump said he loves the tariffs and he hasn't agreed to repeal them. (Sometimes I think he's jerking us around on purpose.)
Even without a trade deal, this stock is a good bargain at the current price. It's got a sustainable 3% dividend and is financially healthy enough to weather the downturn. It did well on its last earnings report and has unusually bullish options activity. Backward P/E is now about 2.6, whereas before the trade war this traded at more like 10-15. Forward P/E is higher at 6.5, but still well below the 5-year average. Buy this for the dividend and hold it for the recovery whenever our political leaders get their act together on trade.
5.2p-7p next resistance - nickel upswingAbove t-line - bounced off 200ma weekly at 3p
One of my biggest holdings - trade pot & core pot.
Finance deal on any of their assets will see this rocket. Happy to hold in 2020.
Nickel after retrace now on a upswing
buy triggers nailed last 2 times on chart. third time?
Hardly new ,but very impressed with trend Generally it not hard to see price movements , but much harder to know how far will it go or how quick you need to get in for a meaningful gains
This indicator is funny looking , but for the test sake I put it here .. I do believe it can visually support this chart
GL all ,stay golden $$
CHRISTMAS BONUS!!! $25,000 IN 48 HOURS!!!
$1,000,000.00 a year is only $2730 a day.
$2730 a day is only $110 per hour if you earn money 24 hours a day.
If you're only working 8 hours a day, how do you make money in the other 16 hours?
You need a business that pays you whilst you sleep. Simple!
There is nothing wrong with having a job to pay the bills, but a job rarely sets you financially free. You need a business that pays you 24 hours a day, 365 days a year that you can build in the pockets of your time.
Crypto currencies and forex investments opportunities can do that for you.
MLD.ASX Hammer Reversal off a Long Term Trend LineA quick little pop above a long term trend line has retraced and proven the breakout has in fact occurred by return to the trend line from which it broke above. The fat red candle and the fat green candle border some sort of consolidation zone which must have acted as a reversal point. I will be looking for the price action to get above where I have set my stop line before getting into the trade. Once above that mark the trade is active I would presume this is going to begin to trend upwards. First towards the green trend line and the 20 weekly MA. Then potentially as far as closing the gap up at 2.130. Maybe its optimistic but lets wait and see if we can get a trend line to begin so we can trade this thing up with a trend line.
MINING FOR BEGINNERS(CRYPTO)
LET ME THROW MORE LIGHT ON BITCOIN MINING...
Bitcoin mining is the process of adding transaction records to Bitcoin's public ledger of past transactions or blockchain. This ledger of past transactions is called the block chain as it is a chain of blocks. The block chain serves to confirm transactions to the rest of the network as having taken place.
Bitcoin nodes use the block chain to distinguish legitimate Bitcoin transactions from attempts to re-spend coins that have already been spent elsewhere.
WHAT IS CLOUD MINING?
Cloud mining or cloud hashing enables users to purchase mining capacity of hardware in data centres.
Bitcoin cloud mining enables people to earn Bitcoins without managing hardware, software, electricity, bandwidth or other offline issues.
Then all Bitcoin mining is done remotely in the cloud. This enables the owners to not deal with any of the hassles usually encountered when mining Bitcoins such as electricity, hosting issues, heat, installation, or upkeep troubles.
Bitcoin mining is intentionally designed to be resource-intensive and difficult so that the number of blocks found each day by miners remains steady. Individual blocks must contain a proof of work to be considered valid. This proof of work is verified by other Bitcoin nodes each time they receive a block. Bitcoin uses the hashcash proof-of-work function.
The primary purpose of mining is to allow Bitcoin nodes to reach a secure, tamper-resistant consensus. Mining is also the mechanism used to introduce Bitcoins into the system: Miners are paid any transaction fees as well as a "subsidy" of newly created coins.
This both serves the purpose of disseminating new coins in a decentralized manner as well as motivating people to provide security for the system.
Bitcoin mining is so called because it resembles the mining of other commodities: it requires exertion and it slowly makes new currency available at a rate that resembles the rate at which commodities like gold are mined from the ground.
The aim of bitcoin—as envisaged by Satoshi Nakamoto, its elusive creator—is to provide a way to exchange tokens of value online without having to rely on centralised intermediaries, such as banks. Instead the necessary record-keeping is decentralised into a “blockchain”, an ever-expanding ledger that holds the transaction history of all bitcoins in circulation, and lives on the thousands of machines on the bitcoin network. But if there is no central authority, who decides which transactions are valid and should be added to the blockchain? And how is it possible to ensure that the system cannot be gamed, for example by spending the same bitcoin twice? The answer is mining.
Every ten minutes or so mining computers collect a few hundred pending bitcoin transactions (a “block”) and turn them into a mathematical puzzle. The first miner to find the solution announces it to others on the network. The other miners then check whether the sender of the funds has the right to spend the money, and whether the solution to the puzzle is correct. If enough of them grant their approval, the block is cryptographically added to the ledger and the miners move on to the next set of transactions (hence the term “blockchain”). The miner who found the solution gets 25 bitcoins as a reward, but only after another 99 blocks have been added to the ledger. All this gives miners an incentive to participate in the system and validate transactions. Forcing miners to solve puzzles in order to add to the ledger provides protection: to double-spend a bitcoin, digital bank-robbers would need to rewrite the blockchain, and to do that they would have to control more than half of the network’s puzzle-solving capacity. Such a “51% attack” would be prohibitively expensive: bitcoin miners now have 13,000 times more combined number-crunching power than the world’s 500 biggest supercomputers.
FMC Take-ProfitSell signal at 99.05 $
Timeframe - 1 week.
FMC Corporation is a diversified chemical company serving agricultural, consumer and industrial markets. The Company operates in three business segments: FMC Agricultural Solutions, FMC Health and Nutrition, and FMC Lithium.
__________________________________________________________________________
You can use the signals independently or like indicator of trends together with other indicators in your trading strategy.
Know that the success of your strategy that based on those signals depends from your money management and the additional conditions that you make in these strategies.
You use these signals inside your strategies at your own risk.
The chart shows the last trades on the product + the last signal.
I have several strategies for different products, and I want to show you proof of it works on history, and you will be able to see it, when returns to that profile.
Therefore, subscribe and watch for that profile.
MAH.ASX Ascending Scallop and a Bounce Off The 200 Week MAits pretty scraggly looking, but I'm certain that's an ascending inverted scallop. The bounce off the 200 week MA gives me confidence that this could be moving upwards and beginning a new trend. However before I get in on that trend I would lke to see a close or two on the weekly candle above the level of resistance I've got drawn in. That would then turn into a stop loss. Otherwise I think this will return back to the 200 MA; its already pushing pretty hard against those upper Bollinger bands. The purple dotted line is a rough guess as to where I believe the new trend line will be established.
It is important to keep in mind that MAH has been in a long down trend so this trade is only a 50/50. This may just be forming large consolidation zone instead.
The Monday moveYesterday several indicators was leaning towards a big move today from yesterday’s post (will link below), but I remained bullish and was too busy to pay attention to the charts. Nothing really stood out. After breaking 7024 and now well below 7k. There is now more downside coming soon.
Targets of now would recommend a retest of 6.5k and if you been following since the double bottom or first break to 6.5k are long term bearish target is that 5.2k range.
Why would it go to 5.2k lower? Well vpvr shows most trading volumes in that area also let’s talk politics.
US election is next year with the halving. I predict we rebound to 7k closer to the halving, but more bleeding as Congress is looking towards election instead of regulation of crypto. Will be another slow year till next fall. Also with price the war between China miners vs western miners since China has the cheapest compared to western miners it wouldn’t be surprise if there’s attack of more sell pressure to eleminate western mining farms to control the network.
So now we will play the bearish side till next year.