jdouglas020

jdouglas020

This Australian gold miner just published expectations for 2025 - forecasting 100% increase in total production of Gold and the gold sells 25% higher than 2023. The chart displays a strong buy technical opinion the fundamentals are substantially greater then 2023 after it acquired another Gold mining company Karora resources. It now trades in striking distance...

jdouglas020

A projected target shy of $3100 can be calculated by taking the height of the basing pattern at its widest spread and adding it to the breakout area. That very same target is also obtained by the 2.618 Fibonacci ratio measurement taken off the September 2011 to December 2015 decline. As long as the price can stay above $2300, the next resistance area will be the...

jdouglas020

Westgold Resources, a debt-free miner, has seen its earnings surge by 852% over the past year, outpacing the Metals and Mining industry. The company was recently added to the S&P/ASX 200 Index and provided an optimistic production guidance for fiscal year 2025, targeting up to 420,000 oz of gold Or 1 Billion in sales. Additionally, Westgold is accelerating...

jdouglas020

RMTI has everything you want in a questionable stock market. A Chart patter then bottomed with classic Head and Shoulder pattern and a break out. the company has multiple years delivering what they promised and forecast. And they are in a industry not controlled by the economy; a manufacturer of hemodialysis concentrates for kidney failure patients. Rockwell...

jdouglas020

This bottoming action has takes taken one year to complete today. With the $1.10 mark it confirms the upside we expected. The chart contains a classic head and shoulders bottom and now a volume break above $1.10. This is confirmed by three other chart signals. The new management installed has turned this sleeping dog around and we should expect to see very...

jdouglas020

This is a turn around story. New management changed the direction of how they did things and 2nd quarter earnings just released was recognition that they are on the right path. The chart tells the whole story and head and shoulder bottom and break out. Rockwell is a microcap manufacturer of hemodialysis concentrates for kidney failure patients, trading at...

jdouglas020

Rockwell Medical RMTI has just completed a bottom bowl that started 11 months ago. The first Qtr. 2024 was the first profit improvement and the chart display strength with that Quarterly report. The MACD bottomed in August 2023 and has risen and continues to send strength sikgnals. The new management has improved sales and forecasted sales of $90+ M for...

jdouglas020 Updated 

Head and shoulder chart patterns have been the most reliable indicators as a top of a market. Over the many such patterns they have proven to be very accurate. We are now looking at a 5 year chart with a huge very obvious left shoulder - head - and now right shoulder. To complete this bearish pattern a break below existing area would indicate a 6-12 month drop...

jdouglas020 Updated 

I have been waiting for the blow out at the bottom and this has some of those markings but it will take severals days to be sure.

jdouglas020 Updated 

In my humble opinion the gold market looks like it is under accumulation. We have had multiple opportunities to make new lows but the sellers are not available to push the market down below prior lows. As expected, the blow-out CPI number triggered massive volatility. Such a terrible print might have put sustained pressure on asset prices in anticipation that...

jdouglas020 Updated 

All the noise about rates and inflation has been confusing to every long term investor. This S&P mini chart pattern developing is very Interesting. It has multiple defining patterns. #1 it is now in a down turn and must convincing break above the downturn line to turn bullish shown Or #2 If it bounces off downturn line and drops from here it would create a...

jdouglas020 Updated 

A Continuation Wedge (Bullish) represents a temporary interruption to an uptrend, taking the shape of two converging trendlines both slanted downward against the trend. During this time the bears attempt to win over the bulls, but in the end the bulls triumph as the break above the upper trendline signals a continuation of the prior uptrend. This bullish pattern...

jdouglas020 Updated 

The stock has dropped 32% during the last month. But untrend still in tact and today we mark the turn around to upside. This move should challenge the high within 3 months and move to $3 by year end.

jdouglas020 Updated 

We have bottom out and the lows have held. Can expect a run on the upside over the nexts weeks. My stop is 948 Upside target will depend on the strength of the move 2020-2045

jdouglas020 Updated 

This chart demonstrates a new direction for Global after settling at new lows a buyer decides to buy 2 Million shares at 4 cents and now owns 14%. No one has to be a rocket scientist to see that something has changed and a new direction in the company has started. Yes it is penny stock and yes it is risky but you maximum loss is 4 cents and your upside ? I...

jdouglas020 Updated 

Many of you call gold a old money item not worthy of attention. But gold has a reputation earned because every currency in the world prices gold. In times a stress, high inflation and wars- gold has been the item that central banks have used to protect themselves. I use the 5 year chart to demonstrate that we are in one of those times......... We have a war,...

jdouglas020 Updated 

I look at this $ chart weakness since Biden took office. You only see weakness and I do not believe it is going to bounce. The $ market is taking a clue from Bidden politics and selling. Therefore we should be buying the Gold

jdouglas020 Updated 

This chart depicts bearish concerns by the bond traders. They have been considered the smartest traders on the street for many decades. This chart pattern is undergoing a major test This chart eventually controls the direction of the stock market.