Mining
ALB BUY 03.09.2019BUY signal at 61.73
Albemarle Corporation is a global developer, manufacturer and marketer of highly-engineered specialty chemicals. The Company operates through three segments: Lithium and Advanced Materials, Bromine Specialties and Refining Solutions. It is one of the biggest Lithium mining company in the world.
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The chart shows the last trades on the product + the last signal.
ASX:PLS Pilbara - How much more to correct?Pilbara ASX:PLS has corrected nearly 85% from all time highs since Dec/Jan18. Now it is sitting at the Fib 0.854 @ $0.485. How much more will it continue to be shorted? PLS is one of the most heavily shorted stock on the ASX by the way.
The previous bull flag took 69 weeks to complete. Although there might be no correlation but price-action is printing a similar pattern. I am hoping that this is a legit bull flag and that it will bounce here, otherwise we might be looking at $0.41 at the bottom of the channel before a bounce. Let's hope this legit bull flag will bring the price up to the top of the channel for a clean break out.
BTC - 16 AUGUST 13000+ USD PREDICTION - PIETA SPONSORED There are two charts that I have drawn for the past graph. The chart seems very similar to 27 June to 3 July.
The Arabs Pieta Company (Which is based on Mining in Africa which is innovative and first-mover advantage in Africa to start mining which is helping the economy of Africa to bring worldwide investor to Africa)
Pieta researched BTC the graph is looking similar to the past. The prediction is 13000+ USD is easy for BTC in August. There is a small dump in the past pump still we can see the same dump. The whale is playing the chart while the attraction of BTC is going to faster. So we can say that Bitcoin can move to 13000+ USD in August. We will update your chart on a daily based stay in touch with us for more info.
Anglo American - Bull run over?SELL – ANGLO AMERICAN (AAL)
Anglo American PLC is a mining company. The Company has a portfolio of mining operations and undeveloped resources with a focus on diamonds, copper, platinum group metals, and bulk commodities.
Fundamentals
Anglo American recently delivered an impressive set of half-year results, yet the share price has fallen significantly in recent days. The company underwent a radical restructuring plan in 2013 and this had paid of handsomely with the shares appreciating over 900% since the 2016 lows. The increased concern over trade wars between the US and China has impacted the share price considerably in recent days with the shares falling over 20%. This could be the start of a deeper correction.
Best Broker Target Price: 2900p (JP Morgan Cazenove 05/07/2019)
Worst Broker Target Price: 1200p (Liberum 28/02/2019)
Technical Analysis
Anglo American has moved sharply lower in recent weeks, breaking a key trend support line that has been in place June 2017. The horizontal support at 1870p has also given way following the gap lower on the week beginning 5th August 2019. This completed a double top formation and suggest further downside will be seen over the short to medium term. The targets are the 38.2%, 50%, 61.8% & 78.6% Fibonacci retracement levels from the lows in 2017 to the highs in June 2019.
Recommendation: Sell between 1800-1900p
Stop: 2135p
Targets: 1625p, 1465p & 1240p
$ETHUSD | Daily TF | Roadmap for Q3-Q4Road map for Short entries + Targets to buy the dip on as we head into Ethereum 2.0.
~Ethereum 2.0 will allow for achieving a passive income by staking your coins
~This will be done by transitioning from Proof-Of-Work (POW) to Proof-Of-Stake (POS)
Moon from there
Iranian crypto mining industryThe Iranian economy is struggling to deal with economic problems. U.S. sanctions hurt the local economy. One of the possible solutions for Iran was to authorize crypto mining. However, to start crypto mining, potential investors might receive permission from Iran’s Ministry of Industry, Mine, and Trade. Another condition is that crypto mining should take place outside of provincial centers. They even specified that miners have to establish such facilities at least 30 km from the provincial centers.
It does not mean that citizens can use cryptocurrencies to pay for the products. The Iranian government released a new law on August 4 regarding this issue. According to this law, the Iranian government is not going to recognize any domestic transactions which involve cryptocurrencies.
Full article
NCM targeting all time high and the 2.618 fib levelNCM looking golden. Shorts around all time high resistance and longs at overall support level.
SPROTT INC - TSX: $SII OTC: $SPOXF Flagging, AgainAfter breaking-out in June and then subsequently digesting that move for several weeks within a Flag pattern, shares of SPROTT INC - TSX:SII OTC:SPOXF are once again in Flag mode having broken to higher ground a week ago and digesting the recent thrust into northern territory as evidenced in the Daily chart above.
In addition, SII currently trades above all of its important moving averages 20/50/200 DMA's, which depicts a healthy technical posture.
Furthermore, when one extends out their timeframes to the Weekly and particularly the Monthly, SII finds itself in excellent technical shape across all durations. A picture of health.
For those who read our work consistently, it's no secret that we remain extremely constructive on the Metals, both Gold and Silver, continuing to believe that we are merely in the very early innings of a re-emerged bull that will likely prove beneficial for the precious metals equities in the weeks/months and years ahead.
Thus, both investors/traders may want to continue to monitor the action of SII in the days/weeks ahead for signs/clues that the stock is ready for another leg higher out of its present Flag.
Nonetheless, while pullbacks can occur and should be expected over the course of time in order to build additional cause/energy within the precious metals space, we believe that SII has potential for significant price appreciation moving forward.
NCM Kissing the 1.618 fib levelHey guys its bokchoininja here bringing you another analysis. This time we're doing NCM. Newcrest mining looks about to break out of resistance unless we see a pull back by tomorrow when the action starts. Newcrest is looking poised to hit the 2.618 if we do break above the resistance zone. If we just kiss the 1.618 we are looking to fall down to the love heart box at the 0.618 level. Check out aweeboneshTV on youtube for more content!
Short it to the fib levels! FMG shares AustraliaHi guys its bokchoininja here with another fibonacci analysis. In this analysis I highlight three critical zones of support and resistance predicted by good old fibonacci ratios. We had a nice kiss on the 1.618 level and are struggling to break past the current resistance zone. If we do break past we are headed upwards but the resistance box is where i have my buy orders. Check out my youtube for more info AweeboneshTV :D.
RIO Big Picture Fibonacci zonesAs you can see mining stocks have been hot in australia for 2019. However there is a lot of resistance coming up shown by the aeroplane box formed by fibonacci extensions. I would short rio in this box and wait for a pull back either to the 0.382 or 0.618 fib extension. If we break this resistance or eventually retrace back to the penguin box, I would have my eyes on the rocket box way up there.
BHP Resistance and Support zonesAs you can see the price is getting very close to the fibonacci zones drawn on the chart. We can expect to see a pullback to the lower box if we do not break above the upper resistance box. That being said If my short does not go to plan and we break above we are targetting higher highs. Check out my youtube channel at aweeboneshTV for more ideas :D
HVBTF - Leveraged Crypto OpportunityHey everyone. Here's a dirt cheap stock that's still down 88% (even more measured from the wick) from the 2017 mania. If you want to leverage a small investment without taking on the cost and risk of margin trading, this may be your ticket.
This has already been good for one great trade using the 5 period RSI system from my previous ideas and it stands to be a 10+ bagger if/when it returns to its ATH. The challenge is that you have to be in position for the move when they announce earnings. Unlike other blockchain and crypto stocks (i.e. Grayscale) it doesn't really correlate to daily crypto price moves. This one is more earnings, news, and sentiment driven.
There's no guarantee that December was its low point, but that can be said for the entire crypto market. Considering the majors have risen 300% and beyond, I think the risk is to the upside with this.
Not financial advice & do your due diligence.
AMERICAS SILVER CORPORATION - NYSE: $USAS Requires Your EyesEarlier this month, shares of AMERICAS SILVER CORPORATION - NYSE:USAS recaptured its 200 DMA and has subsequently put in a nice rush into higher ground on the heels of the recent move in Gold to multi-year highs as we can observe in the Daily chart above.
In addition, USAS now finds itself trading above all of its important moving averages 20/50/200 DMA's, which depicts a healthy technical posture.
While the stock may be in need of some consolidation at present after its recent surge, we're monitoring the action closely as we believe that any signs of weakness or pullback from present levels may provide opportunity.
Thus, both investors/traders may want to keep a close eye on the action moving forward as we suspect that USAS has eyes for the $2.60-$2.70 zone and when and if achieved, we may just witness a run into the $3-$4 zone in the not too distant future.
LIBERTY GOLD CORP - TSX: $LGD.TO OTC: $LGDTF Buy On PullbacksOver the course of the past several weeks, market participants were witness to a major multi-year break-out in Gold, the physical metal, and as a result, numerous precious metal mining stocks have found the wind at their backs and have followed-through with exceptional upside action with LIBERTY GOLD CORP - TSX:LGD OTC:LGDTF one such example as evidenced in the Daily chart above.
With the stock recapturing its 200 DMA and now trading above all of its important moving averages 20/50/200 DMA's, LGD finds itself in a healthy technical posture.
In addition, when one extends out on the time-frames to both the Weekly and Monthly durations, we can see that things are certainly taking a favorable shape with LGD .
Thus, while we suspect that Gold, the physical metal, may be in need of some consolidation in order to digest its recent run, we continue to focus on those precious metals miners whom exhibit favorable characteristics and seek to do additional buying on weakness/pullbacks.
Therefore, both investors/traders may want to continue to monitor the action closely in the days/weeks ahead for potential opportunities and put LGD front-and-center on their radars.
GENERAL MOLY INC - NYSE: $GMO ConsolidatingAfter recapturing its 200 DMA last month (May), shares of GENERAL MOLY INC - NYSE:GMO have found themselves in consolidation mode on lower volume for the past month as is evidenced in the daily chart above.
With the stock trading just beneath its 20 DMA, yet comfortably above both its 50 and 200 DMA's, GMO remains in relatively decent shape from a technical point of view.
Furthermore, when extending the time-frames out to both the Weekly and Monthly durations, GMO also looks to be in fairly good shape from a longer-term perspective and may just be seeking to move up-and-out of its multi-year base.
While further work remains, both investors/traders may want to continue to monitor the action moving forward as we suspect that should the entire metals landscape heat-up in earnest, GMO may just prove to be in the early innings of a powerful move to come, particularly for those investors with a longer-term time horizon, while in the short-term, it would not surprise us the least if we were to see a double from present levels.
NVDA - Crypto junky in Search of a hit!I remember when I got a 16mb Voodoo graphics card when I was 10-12. Best card I ever had. Played Diablo 1 and Warcraft 3 for days. Nvidia is a good company, but really their recent growth worth mentioning is crypto. Now that Btc price is picking up, it is no guarantee for Nvidia. Lots of Alt coins were mined last year and a boat load of cards are sitting around collecting dust. Heck to buy a 1080ti is big money still! Even used!!! Yet it doesn't reflect in sales. The whole semi market is growth slowing and the chart reflects it. I wouldn't short yet, as we get closer to earning report. This is going to be an ugly Q2 earnings season this summer. Like when you wake up from a drunken stooper and you dragged some mammoth home from the bar and the makeup is all over your second pillow.
AMI resources long 0.42 -0.40i have been sitting out of the markets the past week with only few long term holds but, AMI resources seen incredible gains last year, but has since been falling after breaking its trend. the long term trend is still intact on the 1W and lines up perfectly with the 0.618 FIB.