ELY longLooking for a run up to the next Fib here. Will run the usual Stop loss regime of 50/50 on weekly and daily candles.
ELY trade ideas
2021-06-22 ELY - longBreaking swing high. Might want to let daily price action cool down a bit but breakout might be on the cards
2021-06-10 ELY Gold Royalties - longLow risk entry going long - backtest of downward trendline and price following arc.
Resistance turning support. Nice daily green close at this level hopefully by end of day.
Looking for break of last swing high
ELY - ELY GOLD ROYALTIES INCExtract from a report on Seeking Alpha:
Out of the 20 followed companies, 16 experienced a share price growth in April. The best result, a 40.85% growth, was recorded by ELY Gold Royalties (OTCQX:ELYGF). The majority of its growth was recorded after April 23; however, the catalyst is hard to identify, as there was no company-specific news and also the gold price was relatively stable around this date. A more than 26% growth was recorded by Great Bear Royalties. The company is freshly established and it started trading on TSX only on April 5. Its only asset is a 2% NSR royalty on Great Bear Resources' (OTCQX:GTBDF) Dixie Project. Double-digit gains were recorded also by Sailfish Royalty (OTCQX:SROYF) and Nomad Royalty (OTCQX:NSRXF). On the other hand, the worst performance was recorded by three of the newly-covered companies, namely Star Royalties, Empress Royalty, and Trident Royalties. Their share prices declined by 6.52%, 5.56%, and 4.08% respectively.
2021-03-27 ELY Royalty 1D - longDownward trendline on daily chart has been broken.
Back test of downward trendline on daily chart. Could be an interest place to go long
ELY to tha MOON !!!I'm tired of writing why i think a stock will do that.
That this one is the best royalties company of tomorrow, it does not matter to you anyway.
So from now ill simply put a BIG ARROW. (Call me the ARROW guy)
Have fun my beautiful frds!!
ELY Headed to JupiterAs if this company wasn't already a great early investment as-is, gold could go down tomorrow and this is going to $1.30-$1.40 in the very short term.
Ely Gold Royalties Inc.Beautiful breakout for this small Royalty Gold Company !!
Big volume accumulation below 50 cents.
Today there was a clear breakout !
This is still a very low market cap company: 50 Million USD is very low for a quality Royalty company !
