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Franco-Nevada Corporation

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FNV trade ideas

Do You Know What You Are Being Patient for?Patience in trading is the discipline of being with your restless energy when things aren't happening they way you want them to. If we are to be patient, we must know what it is we are being patient for. That is part of what making a trade plan is all about. I know I’m being patient for the conditions of my setup to line up. After that i know I’m being patient for my planned entry to hit. Then I know being patient and waiting to either get stopped out or start to manage profits. There is no escape other than to make up some justification to break my discipline and try to make something happen or force the trade. The analysis for this trade is simple and straightforward. FNV is going down according to the fixed cycle (amount of bars on the chart) I’m looking at, therefore I want to sell a pullback. The rest is just structuring an exact entry and stop along with management after im in the trade. Understanding and practicing patience in trading is not just about waiting; it's about disciplined waiting with a clear purpose and strategy. Its a practice. Shane
NYSE:FNVEducation
by ShaneBlankenship
FNV, GOLD-Mine GEM to Complete Historical Triangle-EXPANSION!Hello There! Welcome to my newest idea about FNV from the gold market perspective. In recent times, the gold market is approaching severe developments that could lead to major price-action disruptions in any case, especially with the important underlying dynamics to consider as I am doing it within the market. Major innovations and implementations within the gold market sector have the potential to accelerate the price-action dynamic so that stocks like gold mine stock have the potential to move on with historical breakouts like never seen in the gold market history. I have mentioned the gold market developments already in previous ideas and with FNV I have spotted a new gem within the market that can unfold its whole potential with the major gold-backed currency-system implementation developments ongoing. Historical Gold Market Developments and What Should be Derived for Today´s Market: Throughout history, gold rushes have shown that the market had the ability to convert the gold market into exponential growth rates almost overnight. Today, with the appropriate technology and innovation provided by a fourth industrial evolution development such measurements within the gold market can top everything seen before in the gold market history. An implementation of a gold-backed currency system even in a small or medium-sized economy field is going to accelerate the demand for gold and therefore also gold mines as it is the case with FNV in such a manner that a major breakout of the established price action will almost be inevitable. Major Formation to Increase the Potential for a Massive Trend-Acceleration Simultaneously With a Gold-Backed Currency-System Implementation. FNV is forming this gigantic epic ascending triangle formation with several bullish bouncing within the whole trend direction and the major bullish wave already established before. Furthermore, FNV has major support zones within the whole structure determined by the triangle boundary, the 65-EMA, and the horizontal supports. Now as FNV already penetrates the upper boundary of the major ascending wedge formation this means that a final breakout of the triangle formation above the upper boundary is not far away and especially in this case the full acceleration and implementation of the new gold-backed currency system could be one of the primary triggers of such a final breakout. Upcoming Perspectives, Determinations, Targets, and Underlying Dynamics as well as the Overall Gold Market to Consider for a Conversion-Breakout Wave-Expansion: Within my analysis, I spotted the most important metrics, key factors, and price levels to watch out for within the current development, and therefore the finalization of the final breakout and acceleration of the price dynamic is not far away. Once a breakout above the upper boundary of the paramount triangle formation has shown up this is going to mark the origin setup of the huge expansion wave to accelerate within the whole chart. In this case, FNV is going to mark a target zone of at least a 180% continuation. Especially, when the gold-backed currency-system implementation appropriately moves forward simultaneously with the breakout and expansion wave C this is going to accelerate the dynamic even above the levels of the upper target zones. Especially, today we should look at history and see how innovations and important market changes could transform a market such as the gold market into epic price actions with growth rates above average. Taking this into the perspective of the market today this could be the origin of a major transformational market like never seen before. Therefore, it is necessary that the necessary technology is implemented to actually realize the full potential that results from a gold-backed currency system and the acceleration of gold mines. In this case, I am going to re-analyze the developments with the major key metrics to estimate the trend ongoing within the gold market. It will be an important development. In this manner, thank you everybody for watching my analysis of CHFAUD. Support from your side is greatly appreciated. VP
NYSE:FNV
by VincePrince
15
ABC/DPossible resistance at B. FNV measures out the be an ABC pattern with a target of D. This pattern is known to reverse when D is reached. Targets are calculated using the AB leg. D can be at a lesser fib level than the AB leg or a greater fib level than this leg and can reach the 1.272, the 1.618, and in some cases even higher fib levels. Stop under C or where you see support. No recommendation. EPS (FWD) 3.64 PE (FWD) 40.29 Div Rate (FWD) $1.28 Yield (FWD) 0.87% Short Interest 1.80% Market Cap $28.12B Franco-Nevada Corporation operates as a gold-focused royalty and streaming company in Latin America, the United States, Canada, and internationally. It operates in two segments, Mining and Energy. The company manages its portfolio with a focus on precious metals, such as gold, silver, and platinum group metals; and energy comprising oil, gas, and natural gas liquids. The company was founded in 1983 and is headquartered in Toronto, Canada.
NYSE:FNVLong
by lauralea
FNV - Weekly - Great place to buy or add!The setup looks good to me on the weekly chart on this really fantastic long-term winning stock. The weekly RSI is beginning to approach oversold/fair value levels and the Williams Vix Fix indicator is now signaling a bottom as well. In terms of price, we may double bottom in the low 160s support zone so the downside risk feels more minimal at this point and should be temporary. Personally for these reasons I am adding to my long-term position at this level as we have now seen a nice 20%+ correction since the previous run-up earlier in the year. In an environment with rising rates, not much beats owning a company with NO debt/leverage eating away at their cashflows.
TSX:FNVLong
by Jabby
Franco Nevada - Bullish Breakout TradeStrong Financial Position No debt and $1.6 billion in available capital as at September 30, 2021 Generated $206.9 million in operating cash flow for the quarter Quarterly dividend of $0.30/share Sector-Leading ESG Ranked #1 gold company by Sustainalytics, AA by MSCI and Prime by ISS ESG Committed to the World Gold Council's "Responsible Gold Mining Principles" Partnering with our operators on community and ESG initiatives Goal of 40% diverse representation at the Board and top leadership levels Diverse, Long-Life Portfolio Most diverse royalty and streaming portfolio by asset, operator and country Core assets outperforming since time of acquisition Growth in long-life reserves Growth and Optionality Acquisitions, mine expansions and new mines driving growth 10.1 million ounce increase in Measured and Indicated Mineral Resources at Detour Lake Long-term options in gold, copper and nickel Noront consolidation likely to accelerate development of Ring of Fire properties 39.78x Price to Earnings (PE) ratio = too much FNV (CA$178.55) is trading above estimated fair value (CA$144.54) Technicals Found decent support and has carved out a bull flag. If we get decent volume on a breakout to the upside , the fib extension targets are the most logical levels to look for.
NYSE:FNV
by TH_Analysis