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EQUINOX GOLD CORPEQUINOX GOLD CORPEQUINOX GOLD CORP

EQUINOX GOLD CORP

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EQX trade ideas

[Update] EQXEQX has resolved bullishly from my last post. It held the channel and is now making new highs. So, naturally, I'm thinking, is it time to reduce risk and take profits? Well, I find that the MACD is -just now- about to cross up, so a new move higher is certainly possible. I imagine the Gold breakout lends new life to the trend. At the very least, it makes me think that a big correction is unlikely. I am buying some here at the lows of the day, thinking of prior highs as new support. I am prepared to add more if a deeper correction does develop.
AMEX:EQXLong
by tangman
[Long] EQXEquinox is one of my favorite Gold miners. Today it held the bottom of a pretty long channel quite well. Broadly, the Gold sector is holding up strongly. There is still risk if the DXY wants to bounce off its extreme oversold condition, and that could send stocks and Gold into a correction. But I posted GDX to show that this name is small enough (and undervalued enough) to move independently of the sector at large. During the last pullback / consolidation, EQX still trended higher strongly.
AMEX:EQXLong
by tangman
EQX and AU...Gold Finger Pointing UpEQX Found that this stock is on a decent run and has recently hit it's high. Looking at the MA's, this stock is riding the 5 with the 5/20 expanding (bullish). Supported by the MACD still rising and the RSI just short of overbought, but within the threshold. EQX is one of the better in the mining sector, but I've added AU as a close second as far as value. You can see AU running along with EQX. I will be watching both for confirmation of new highs and will enter as that signals.
AMEX:EQXLong
by MoRotties2020