YRI - Yamana Gold Rally Coming?Given the relationship to the one-day crash we will have, I think that the mining sector will spark up a nice new bull run into 2019.
Miningstocks
CCJ - Cameco Corp. Mining - domestically sourced energy sourceNYSE:CCJ
Recent changes to using domestic sources of Ur (Uranium symbol) for nuclear power.
Cameco Corp. is also at an extreme low due to the 2011 psunami that hit Japan that
had back-up power failure causing a melt down and Japan shuttering 32 Nuclear
Power Plants until they had full double fault protection to prevent such from ever
occuring again. They are now getting ready to start back up, which will drive up the
prices of Ur futures (UX) and thus profits for domestic suppliers, as no new power
plants are being built these days. CCJ pricing in near break-out of 9.75-9.81 resistance
level.
View the 1w, 1d, 1h, 1m chart and look for pricing to go past 9.80-9.81 range for entry
upward and simply know prices are going up. Lower Fib retracement is 9.50 which it
quickly bounced off today. Below this 9.13 is the low and not likely with current
dynamics.
Cobalt prospecting for EV play breaking out on wedgeCBBWF
Cobalt and Silver prospector and formerly Global Copper Group...Cobalt sexier asset.
NAFTA sourcing for Co/Ag play. Has assets with cobalt for EV, electroplating, electronics, metal alloys.
Trend in electric batteries to solid state batteries, which Cobalt will remain sexy for next decade despite Elon Musk hope in Lithium and threat to keep prices down. Not sure his comments are working for him.
Lithium EV Battery Growth - Chilean to US$ plusSQM NYSE:SQM is a chilean Lithium mining stock for
EV Batteries and takes advantage of US$ to Chilean value as well. EV Truck manuf.
just starting and will require more and more lithium.
Another big news story that hit the market in the second quarter was worries that Tesla
might not be able to deliver its Model 3 on time due to a battery shortfall. This is
another sign of supply and demand will drive up prices and profits.
Here is 4hr. chart showing solid entry, which already in below $44 and buying up to $50.
RIO Mining set to jump 15%Rio Tinto ( RIO ) is showing entry signal in buying, MACD, and CCI.
Supplier of iron oxide, bauxite for AL, titanium dioxide for paints, coatings, copper, diamonds, and uranium as large-cap mining stock.
Metal prices have been bottomed and starting to climb, along with domestic sourcing needs for steel and uranium will send this one
to $60. Currently $51.48 and target is $60 by Pedro (Martinez) Lynch.
COMEX:HG1! COMEX:ZA1!
Bolivian Lithium play - SQMNYSE:SQM
* Lithium play
* USD/Bolivian currency....
* Mining play
* Sequencing watch
* Break out from downward wedge
* Discount on Lithium levearaging USD
Cobalt mining stock set for entry off weak volumeTSX: LUN LUN
NYSE:LUNMF LUNMF
Lundin Mining is a mid-cap mining company that will benefit from rising cobalt prices and demand.
Waiting for bounce off likely 4.55 for entry, or 4.35-4.40 range, and not likely lower $4.06-4.10
Fib retracement. RSI going above 50 with 1w chart shows good entry with lots of scribble correlation.
Sorry for the business, I mean busyness here.
Cobalt value is strong and demand for electric batteries also very strong. Recovery as major player
in this area is prominent.
For own use. Put to use idea, comment or like, but review on Friday Sept. 14th.
longbuylongsell chart with blue-black courtesy of @MarxBabu.
Long Vale for Wave 5 AdvanceVale looks as though it's completing it's 4th Wave decline and should be heading upwards for the 5th Wave.
A Larger Correction Might Be Underway for VALEThe Cycle Wave 5 top (and Supercycle Wave 1 top) was most probably on the week of the 14th of May 2018 (please reffer to related idea).
NYSE:VALE now seems to be on an Intermediate Wave C which is part of the Cycle Wave A down.
If this count is correct we should still expect Intermediate waves B and C.
Only after Cycle Wave C, the last part of Supercycle Wave 2, should we see the hallowed Supercycle Wave 3. \o/
Best idea for now is to step aside from the stock and wait for signs Supercycle Wave 3 is around the corner...
Long TAC Picked up a position today at 0.075. Their last NR did it for me. Could have a potential multi bagger here with such a low market cap and tight float. No debt on the company, solid balance sheet.
ASX:CKA Buy Recommendation The Zebralligator is currently long. Momentum is strong coming out of a dip with very high volume. Looks like an incredible trade opportunity is presenting itself.
Potential of Breaking Resistance, should reach at least 3.30Kept it simple with this analysis.
Last few candles for AZ were bullish, and we saw it pop up on Friday.
I am confident it will at least get to 3.30, its resistance level. RSI indicates bulls gaining momentum.
However, I also feel like it might break past its resistance level this time as it has reversed at its lower bollinger band with a strong bullish signal twice now.
$LFR Potential Symmetrical Triangle Continuation LFR have ongoing Zinc developments and recently announced a high grade cobalt and copper project. Awaiting top side break before considering entry
OSCI ready to mine gold?It has been a long road and you can see part of that under the $PYHH idea I previously published. $OSCI has filed a large number of financials in the past 2 days and I'm expecting them to go current on OTCMarkets.com followed by some news and hopefully production ramping up. We've seen a lot of activity over the past few months on the property, mostly posted to www.facebook.com
McMoran signals goin' north ? Freeport McMoran has completed a pennant pattern, while found it's short-term support. It has also kept its track on the long-run support trend line. Copper price is also keepin' it up.
It just seems like a good time to start buying, ain't it?
Hochschild Mining -hoping it will break trhough and resistance bchallenged this area before and been turned back, may happen again but it will get through in time - on verra
KEFI - GO LONG. Bulk of mine finance package now arranged, small residual left, which has been recently reduced in size. Finalising this should trigger re-rating. Excellent economics when fully developed. Approaching break of 200MA, RSI climbing and MACD looking good. Triple bottom in place.
Buy First Majestic Silver up to 8.20 USDIt´s been the right thing to wait with any recommendation in the mining sector. But now I feel the time is right. As explained I believe silver has a great potential over the next 8-12 months. The best way to play a multi-months rally in silver are some of the best but currently beaten down silver mining stocks.
First Majestic Silver without a doubt is one of the best companies in this sector. Focused on silver production in Mexico the company is run by mining legend Keith Neumeyer.
Although First Majestic has been consolidating sideways since October last year I think the stock is at a very interesting juncture.
We might be a bit early to the party but the risk/reward is just phenomenal! With a stop loss at 6.50 USD and a 1st profit target at 19.00 USD the idea has an initial 1:3 risk/reward-ratio. But First Majestic could easily take out 19.00 USD and we might scale in a couple more times once the stock has clear the downtrend line at 8.20 USD.
Buy Endeavour Silver Corp. up to 3.20 USDAnother silver stock that I really like and that I have already recommended in the past is Endeavour Silver Corp.. Although Endeavour had some issues in the last couple of months I continue to believe in Bradford Cook and his team. Endeavour was one of the best performing silver stocks in the first half 2016 and should offer massive leverage in a new silver bull market.
Technically the stock as corrected back to the 61.8%-retracement around 2.80 USD and is running into a bullish wedge. With a stop loss at 2.60 USD and a 1st profit target at 5.90 USD this idea has an initial risk/reward ratio of 1:7.
Buy Endeavour Silver Corp. up to 3.20 USD (NSYE: EXK)
Place a stop loss at 2.60 USD
First profit target 5.90 USD
Timeframe 6-12 months
Risk/Reward 1:7.7
Great LONG opportunity on breakout of corrective structureIt seems we have a great opportunity for a LONG trade on the breakout of the corrective structure.
EMAs show price action has hit the Mayo on the reversal and has also just hit the Water with a wick at the bottom of the candle. In my opinion, on the breakout of the corrective structure, a great setup will have been confirmed to trade the entire Wave 5 Impulse wave.
Note: There are about 5 Cypher patterns possible in the Hourly chart, however too many mixed signals for Harmonic patterns to be used in this particular chart at this particular point in time, I've preferred to stick with a pattern breakout of corrective structure.
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DISCLAIMER: This chart is for sharing and educational purposes only and is not intended to be a signal service or similar.
This chart analysis is only provided as my own opinion, based on my own analysis and comes with absolutely no warranty that this analysis is correct, whatsoever. Do not trade this chart if you do not have your own strategy. Trade only with your own strategy at your own risk.
Plan your trade and trade your plan... and IF in doubt, stay out.
.....::::: If you like this chart, please click on the THUMBS UP ! :::::.....
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FXPO is struggling to overcome resistance at 170 GBpPrevious gap was successfully closed but at the same time, several poor lows were created on the way up. Sellers might have some unfinished business at 164 GBp level and could continue opening short positions aggressively till 156 GBp level. In case of even small panic, we can expect retest of 149 GBp and 137 GBp levels.
