$375 is the number HUI needs to sustain above to push PM stocks a lot higher.
This puppy has been consolidating for 10 years now. IF it shoots above 16 cents (10 year monthly moving average), then we could quickly see it shoot to the top of the base.
A significant capital rotation into the precious metals sector is not happening yet. However, it does look close. If this chart breaks above 50, it will bust above the 10 year monthly moving average, which usually leads to a PM bull market, and major resistance lines.
Right now this is forming as a classic cup and handle. However, I would not rush in until we see confirmation. This could easily fool the masses and suck people in before crashing. If it breaks above, then watch for the re-test of the breakout line.
This stock has strong fundamentals, which the technicals have been showing us recently. I think we are entering the buying zone (anywhere between .70 and .90 cents)
No words needed for this chart! This multi-decade descension is coming to an end soon.
Americas Gold and Silver is being guided nicely through this Fib Channel. A move higher is possible if the breakout of the descending channel is sustained going into June. Keep your eyes peeled on this chart for the remainder of the decade.
This might be the explosion that will kickstart the silver stocks. This chart is showing a possible W formation that's about to break out... as well as the 25 weekly crossing the 52 weekly, which is usually pretty significant. Lastly, if it can break above the ichimoku cloud, then this ride might take off.
This copper exploration play is in a GREAT position. Tight capital structure in great jurisdictions and with an awesome management team. It could explode any time now -- especially with copper spot reaching all-time highs. If you're bullish copper, look at this now before you miss the boat. They are also exploring for other mineral plays, such as gold. Above...
Had to take a position on this today! Sprott is the largest holder (with 165 million shares). This long-term chart looks very similiar to Jaguar Mining (another Sprott company) that has taken off. A reverse head and shoulders forming on the monthly chart. It could still bounce sideways to lower in the near-term. If so, I doubt it will be dramatic. Could be an easy...
The arc and diagonal upward line have become a magnet for bitcoin. Major decision is ahead: Break hard below the wall or enjoy a big bounce. Get your popcorn.
Right now, not much technically that indicates this is crashing anytime soon. It just broke out of it's bull flag. Getting through $106-107 range is the next step.
This chart will tell you where to invest over the remainder of this decade: PMs or general equities. A break above 50 and PMs are looking good.
Don't know how this plays out in the short-term... but it will explode soon (likely this spring or summer at the latest). If it does flush lower one last time, I'm looking at the $1.30 region... hitting UBER oversold on the quarterly, monthly and weekly charts.
This arc is showing positive signs for the remainder of the calendar year. If it can stay within the arc this summer, $2600 before the end of the year is quite possible.
This stock is deeply oversold on the daily, weekly and monthly charts. As you can see, it's about to squeeze out of this long downtrend. We all know BOIL is not a long-term hold because of its futures rolling decay; but this year it could be a huge winner with Natural Gas near it's all-time lows and also deeply oversold.
There is a lot of power in this chart. I look fwd. to seeing if it can stay within this cup... and if so, how high?! Fundamentally, it's looking very strong!