We'v seen upside on gold this last month or two, but I expect a drop in gold in the summer period and therefore I think Boliden AB will follow.
The stock went higher than expected but has now dribbled back down to my initial target. See some structural changes.
I need to take a new look at the stock. I’ll keep you updated.
On higher time frames, I see more down side for the Stock, but as gold has had it's run in 2019 the Stock might simply follow the gold price, but we'll see.
Price action spiked higher along with the gold price and now you can see price dropping as the gold price is in a consolidation...
Sometime timing is everything... I live and I learn..