BTG trade ideas
$BTG B2GOLD Bull Flag
Possible bull flag forming
Gold breaking out could being a nice move in the stock
MACD reversing and crossing
Stochastic rising
B2Gold Corp. is an exploration company. The firm engages in the acquisition and development of mineral properties. It operates through the following segments: Fekola Mine, Otjikoto Mine, Masbate Mine, Libertad Mine and Limon Mine. The company was founded by Mark Anthony Corra, Thomas A. Garagan, Clive Thomas Johnson and Roger Thomas Richer on November 30, 2006 and is headquartered in Vancouver, Canada.
$BTG On breakout alert
Bull flag developing
MACD reversing
RSI in bull flag
$6.00 possible target on break from flag
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BTG , Potential long entry .Analyst buy rating with good technical signs for long entry with tight stop . I think gold is somewhat undervalued at this time and will see some gains as market begins to cool down after this wave of growth and green that I think is mostly fueled by retail buyers .
Entry 4.94
Stop 4.75
Take profit around $5.50 , adjust stop daily .
B2Gold - Multi-year Breakout Multi-year breakout is confirming as the price rebounded on the upper-channel resistance during the last 3 weeks.
B2Gold - Huge Volume TodayThe Breakout is confirming as a Trading Range formed with low volumes during the past few weeks.
Following a few weeks of low activity, very-large volumes were registered today.
Price is heading toward the next Resistance of the upper Ranging Channel at $7.8.
This movement could very easily push the price all the way to the next Resistance at $8.0 to a new all-time high.
Support at $7.25 and $7.5
BTG on its way upShort term pullbacks, but great financials will allow this stock to grow much higher. $6 next fib resistance.
This company is profitable at $800 an ounce gold, and with Bank of America saying $3k gold by 2021, we are at the very least going to see this stock maintain these recent 52 week highs as support for some time to come.
Ahrvo Daily Movers ⬆: B2Gold CorpWhat is B2Gold?
B2Gold Corp. operates as a gold producer with three operating mines in Mali, the Philippines, and Namibia. It operates the Fekola Mine in Mali, the Masbate Mine in the Philippines, and the Otjikoto Mine in Namibia. The company also has an 81% interest in the Kiaka Project in Burkina Faso. Furthermore, it has a portfolio of evaluation and exploration assets in Mali, Burkina Faso, Colombia, Namibia, and Finland. B2Gold Corp. was incorporated in 2006 and is headquartered in Vancouver, Canada.
Ahrvo Stock Scores
BTG has been a top 50 stock on Ahrvo for over six months. B2Gold is rated STRONG BUY and has an AhrvoScore (overall score) of 99. Over the last 3 months, B2Gold’s Momentum Score, Quality Score, Value Score, and Growth Score have remained stable at 99 (flat), 88 (flat), 89 (+1), and 100 (flat), respectively. Out of the 7,000+ companies we cover, BTG’s Momentum Score, Quality Score, Value Score, and Growth Score ranked in the top 1%, 12%, 11%, and 1 %. Relative to competitors, B2Gold ranks higher across all stock scores: AhrvoScore 99 vs. 58, Momentum Score 99 vs. 82, Value Score 88 vs. 43, Quality Score 88 vs. 37, and Growth Score 100 vs. 41.
Our Take
We are experiencing the largest devaluation of currencies in our lifetime. Over the last month, monetary and fiscal policy officials across the globe have turned on the spigot- substantially debasing their currencies in an effort to support coronavirus riddled economies. In the U.S., the Federal Reserve has injected $8 trillion of dollars into the economy, while the U.S. government has plowed an additional $3 trillion. In Europe, the Italian government is spending $900 billion, Germany is spending ~$800 billion, while Spain and France have allocated $200 billion and $121 billion, respectively. The European Central Bank is injecting nearly $1 trillion as well. In Asia, the Bank of Japan doubled its ETF purchases to $114 billion and the Japanese government is injecting $1 trillion into its economy (20% of GDP). All of these things are bullish for gold, which is fixed in supply and tends to perform well during economic uncertainty when government officials resort to devaluation. Bank of America analysts have placed a price target of $3000 on gold, 73% higher than the current price. As a miner of gold, BTG is poised to benefit from the rise in prices. The correlation (relationship) between BTG’s stock and gold is moderate at .61 but has been trending upwards since the beginning of April. After a pullback last month, BTG price action has accelerated, up 85%. Gold was up 16% over the same period. Given the run-up in price, BTG’s relative strength indicator of 68 is approaching overbought territory and may need to pullback before investors take a position in (buy) the stock. On a year-to-date basis, Gold is up 13%, while BTG is up 25%.
-Appo Agbamu, CFA
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B2GOLD Corp breakout target Very reasonable P/E 16.09
B2Gold Corp. is an exploration company. The firm engages in the acquisition and development of mineral properties. It operates through the following segments: Fekola Mine, Otjikoto Mine, Masbate Mine, Libertad Mine and Limon Mine. The company was founded by Mark Anthony Corra, Thomas A. Garagan, Clive Thomas Johnson and Roger Thomas Richer on November 30, 2006 and is headquartered in Vancouver, Canada.
Bto still my favourite gold chartSupport 4.50 b2 gold made B.C. a new high and sold off with the crash but quickly recovered. Bulls are here to stay.
B2Gold Corp Trade setup
Possible entry level $4.73
Target price $5.48
Stop loss below breakout level $4.49
BTG - Time to add to a position?There are some hella smart guys and gals out here in TradingView-landia.
I'm long BTG right now, and my analysis shows adding to the position may be wise.
I feel like a missed a window 01/28 and 01/29 at 4.20 (capital availability, stopping out on NIO has given me some space).
Before I add to this position, I wanted to pose the question to the genius-level crowd out here:
When do you add to a position?
Long BTG at 4.04, stop at 3.80.
I use very simple technical indicators and signals.
Bullish trend
50SMA is over 200, both sloping up.
OBV sloping up
But I wanna hear what you think, what are some signals you like to see before adding to a position?
Indicators? Profit rules? Trend rules?
Whatdya got? Fancy or simple lets here what you do for adding to an long position!
B2Gold Corp trading to All Time Highs B2Gold Corp. engages in the acquisition and development of mineral properties. It operates through the following segments: Fekola Mine, Otjikoto Mine, Masbate Mine, Libertad Mine, Limon Mine, Other Mineral Properties, and Corporate and Other. The Other Mineral Properties segment consists of the company's interests in mineral properties which are at various exploration and development. The Corporate and Other segment focuses on corporate operations. The company was founded by Mark Anthony Corra, Thomas A. Garagan, Clive Thomas Johnson and Roger Thomas Richer on November 30, 2006 and is headquartered in Vancouver, Canada.
BTG LONG GOLD RISES ABOVE $1,600B2Gold Corp. engages in the acquisition and development of mineral properties. It operates through the following segments: Fekola Mine, Otjikoto Mine, Masbate Mine, Libertad Mine, Limon Mine, Other Mineral Properties, and Corporate and Other. The Other Mineral Properties segment consists of the company's interests in mineral properties which are at various exploration and development. The Corporate and Other segment focuses on corporate operations. The company was founded by Mark Anthony Corra, Thomas A. Garagan, Clive Thomas Johnson and Roger Thomas Richer on November 30, 2006 and is headquartered in Vancouver, Canada.
BTG IS A CHEAP WAY TO GET INTO GOLD AND PRECIOUS METALS. IT IS CURRENTLY PRICED AT $3.97. YOU CAN EITHER BUY A CALL OPTION OR BUY THE STOCK, STRONG BUY SIGNALS AND AND UPWARD TREND.
LONG BTOLong term cup and handle formed we should see new highs here. price target December 6.50-7.00 - Gold will reflect BTO's value. I am long Gold and BTO as the financial system is needing QE to stay alive. keep the rank repo's coming. 1.3 trillion of dollars in the next couple of weeks just to keep the system alive. More rate cuts and inflation are coming like we have never seen.
I am Bullish on BTG The current price action trigger a bullish trade on this stock.
B2Gold Corp., together with its subsidiaries, engages in the exploration and development of mineral properties in Nicaragua, the Philippines, Mali, Colombia, Burkina Faso, Finland, and Namibia. It primarily explores for gold and silver deposits. The company primarily holds 80% interest in Fekola mine, an open pit gold mine located in Mali; 90% interest in Otjikoto gold mine located north of Windhoek, Namibia; Masbate gold project located in the south-east of Manila, the Philippines; and 95% interest in El Limon mine, an underground gold mine located in northwestern Nicaragua. It also holds 100% interest in La Libertad mine located northeast of Juigalpa, Nicaragua; 81% interest in the Kiaka and Toega projects located in Burkina Faso; and 49% interest in the Gramalote property located in Colombia. The company was incorporated in 2006 and is headquartered in Vancouver, Canada.
