NGD on the highly reliable monthly chart has signs of bullish momentum including a cross over the POC line of the volume profile,a monthly volume bar over the running mean for the first time in two years price crossing over the mean anchored VWAP and both the trend and the momentum indicators making reversals. I will open a long trade of both shares as...
EXK is a silver mining company with operations in USA Canada and Mexcio. On the daily chart, it has been in a falling wedge for more than six months. The earnings report was a 40% beat on earnings and 2% on revenue. Price broke above the wedge one week earlier. The price action has been supported by higher volumes. The Price Momentum Oscillator and Relative...
My thoughts on New Gold. Into break out resistance, this should bounce somewhere in this area. It might even be the low. Long term hold. Be careful as the market never gives you certainties, only probabilities.
looks bullish to me, c&H + wedge like pattern Broke out with volume. which is a ++.
Company Profile Sector : Materials Industry : Metals & Mining Company Location : Vancouver, BC Wheaton Precious Metals Corp.(WPM), a mining company, primarily sells precious metals in Canada and internationally. The company sells gold, silver, palladium, and cobalt deposits. It has agreements for 24 operating mining assets and 7 development stage projects....
$NGD Target 2.32 for 20.62% Or next add level is at 1.54 I did not add here today. Just charting and Targeting and organizing. — On the far right of the chart is my Average (Grey) Current Target (Green), and Next Level to add (Red) Percentage to target is from my average. I start every position with 1% of my account and build from there as needed and as...
Potential gain:+25% Reward/Risk:5 Timeframe: 1-4 wks I always try to present the charts in a simple comprehensive format to prevent any confusion. This is just my technical view, neither a fundamental comment,nor a recommendation to trade..! Please review my track record and calculate the odds for yourself..! You’re likes and comments encourage me to continue...
Hey y'all, I have been looking at gold prices and if we can get back above $1960/oz we should keep running up to $2000+/Oz. If this happens have your eyes on NGD, I have options in this company for $3 strike may 21. They are extremely cheap and We could see 100% gain on these contracts or higher. Gold Is looking amazing for the 2021 year and multiple analysts have...
Ngd is hitting major resistance. In my opinion, it will drop.
Trade update: NGD I have officially closed my 2 month swing trade on new gold inc for a 113% gain! 😁🥇 Why did I close and take profit? The daily is showing sell off pressure as the candle forms the red doji crossover. All 3 bottom ema dot indicators are going red. Will take till end of market for all indicators to close what they show, went ahead and cleared the...
Update from last post on this one, we added on april 2nd as we found support on the downward channel for a knife catch. Sort of the same approach that I took to capture my current 75% gains on gopro stock. This trade is still active. 3day has fired green strong non stop since then. Easy money to be made with our system! 💰💰💰💰 We find the best penny stocks!...
Hmmm. Potential expanding channel bounce off support. This one is a knife catch but could lead to 100% return. Diversify.
Buying NGD on Pullback to 340 Day SMA @ $1.30
3 YEAR PRICE TARGET: GLD $320 NGD +$14 (ALREADY LOCKED IN $.78) CLEAR BREAKOUT, MIGHT SEE $1,550 - $1650 GOLD PRICE EOY
Although the Precious Metals Miners are a bit of a mixed bag, there are a couple of interesting stocks for an aggressive long setup. One of the opportunities is New Gold (NGD). Strong bullish divergence in combination with sector outperformance (near-term) suggests a fierce recovery move is getting under way. A bounce well into the CLoud resistance is the least...
Hi guys, I'm Rob from Macro Insights. Today I have a piece on Gold outlining why from a probabilistic outcome Gold is a fantastic opportunity on the long side. I believe you have to look at each asset and analyze 1) the macro top-down picture, 2) a fundamental bottom-up analysis of the asset, 3) what is the positioning/sentiments & 4) you gatekeeping, technical...
Looking at one gold miner we could see a possible bottom is taking place. Gold miners *usually* go up for only a few reasons. 1) Price of gold is rising 2) They found what they were looking for 3) They found more than they were looking for This bottoming structure is a symptom of #1 Original NGD analysis: This stock has been very good to me