TASEKO Mines LTD Buying Opportunity ?I'm very interested in investing in Taseko Mines, as I believe it's poised for a significant upward move. From a technical perspective, I strongly feel we’re on the verge of a healthy retest before marching higher. On the fundamental side, I’ve been closely monitoring their financials, and they appear quite promising. I’d love to hear your thoughts on this.
TKO trade ideas
TGB - A potential setup for a swing tradeRemain vigilant for daily reversal candles occurring near the support area. In the event of a daily closing breach of the support levels (red lines), there is a possibility of further downward movement, emphasizing the importance of implementing risk management strategies.
TGB Break OutMACD is curling up and the ADX D+ just crossed the D- suggesting a bullish trend is starting. The price is recently off the 200 sma where it tested it 3 times and the most recent candle made a bullish hammer with its tail testing the .61 fib level.
I would like to see a close over $2.18 to add to my long position.
targeting: $2.46 in mid term.
TGB BullishRecent MACD cross and also a multiple bottom pattern over the last couple of weeks.
I like that the most recent candle closed over the .32 fib level and that the 9ema crossed the 20ema.
Considering scaling in if price can hold the $1.87 level if not I will start at $1.67.
Targeting $2.19 in the short to mid term.
Break OutLooks like TGB is ready to head higher after some consolidation around the 50sma.
The 9ema recently crossed the 20ema and today's candle managed to close above the .5 fibonacci level.
Also I like the MACD curling up about to cross and the the proximity of today's close to the ytd POC line.
1st target $1.96
2nd target 2.09
TGB - Long - Trend ContinuationTaseko Mines
Will fill gap up, then upward trend continuation.
Entry 1.70 - 1.72
Retest 1.80 / 1.85-new support levels
PT Range1.96 - 2.10
Possible Options Play:
Buy March 19 $2 Call - 0.175 Mark
Taseko Mines operates as a mining company, which engages in the acquisition, development, and operation of mineral deposits. Its properties include Gibraltar, Florence copper, Aley niobium, Yellowhead and New Prosperity and Harmony gold-copper projects. The company was founded on April 15, 1966 and is headquartered in Vancouver, Canada.
TGB Bullish SwingTGB is offering a low risk entry at this level. The current price is close to the POC line ($1.31), the MACD is freshly crossed and the RSI is still cool. Yesterday's gap up to close above the .5 fibonacci level is very bullish.
I want the price to pass $1.47 to avoid a "double top" and will enter at that point for a long swing to $2.18
Taseko Mines has triggered a Jake Bernstein MAC swing buyI modified two scripts so I could plot the Jake Bernstein MAC with the Williams A/D on the same plot. Copper is hot and Taseko Mines has been a cheap way for me to profit from the bullish copper market. The monthly MAC is also bullish so this makes it a higher probability trade.
$SVM about to pull a $TGB (rewind)TGB on 11/30/20 looks very similar SVM. Now a month later, TGB has taken out its previous peak and made a new 52 wk high (where the stock currently sits). Similarly, I expect SVM to take out it's prior peak of $8.91 to make a new 52 wk high within the next month of trading, which would be a 30% return in a month.
TGB is a small cap copper miner, while SVM is a small cap silver miner and one of the top 10 holdings in the SILJ.
Linked below are 2 previous ideas using a similar strategy that had good results, I have a feeling this will make 3.
Very bullish on gold/silver in 2021, especially in the 1st Q of the year.
Mining stockpickMining Industry gained 1.33% yesterday
TGB is stockpicked with high RT of 1.76 and CI of 1.68 on 3-Oct-17
CI is an indicator which reflects a stock's ability to resist severe and/or lengthy price declines. TGB has a CI of 1.68, which is excellent on a scale of 0.00 to 2.00.
CI is based solely upon a stock's long-term price history.
On 3-Oct-17, Apply ProTrader strategy DPO & MACD Killer Crossover, TGB is at Top 1 in &PRC DESC (descending order). If we change the order into RT/Actual price DESC or VST DESC. TGB is at Top 1 too.
Please note DPO & MACD Killer Crossover uses WMA instead of EMA.