This is the monthly chart of royalty companies FNV, WPM, RGLD, SAND, and OR combined. A five-year consolidation was recently broken on the weekly timeframe, with confirmation. The last similar breakout after consolidation led to a ~150% increase from the bottom. At today's gold price of $3,000, this scenario looks highly probable. If it unfolds, these companies...
Good monthly setup for Fresenius. Broke up descending channel, then confirmed. Now we have beautiful monthly candle giving probabilities for an upside move (hopefully above 34.60). The 3 years distance from MA shows almost the same (broke up, retest, now moving). Very clear Fibonacci resistances around 41-44. It seems to me a good defensive play for long term....
After 4 months of consolidation, we’ve finally broken out, retested the level, and confirmed the move. This is a solid company with a strong balance sheet, great management, and good fundamentals. Definitely worth keeping an eye on if you’re thinking long term! Always do your own research before investing.
I see several compelling reasons to be bullish on DLNG: Breakout of Long-Term Consolidation: The stock has decisively broken out of a multi-month consolidation zone around $4.22. It has since retested this level, confirming it as support. This breakout suggests that momentum is shifting in favor of the bulls. Liquidity Gap to Target: There is...
I am following long diagonal trend line in the chart of GROY. There is some divergence in RSI, and support in the distance from MA. A company with good value and probable triple bottom. With two new producing royalties from this year growth looks inevitable. Do your own research!
- Great assets - Low price - CEO is buying on the open market - Volume is rising - Nice trendline breakout Do your own research!
- PB ratio of 0.5x - Eric Sprott is the top shareholder - The company acquired the leaching technology rights from Hycroft Mining Holding - Low share price - Metates project is one of the largest gold and silver deposit Do your own research!
This might be a good opportunity. A company with nice assets. The dividend is quite solid as well. Some technical resistance coming. Always do your own research!