The arc has spoken and GDXJ (Junior Gold Miners) are heading higher. 8 years of energy has been stored under the $52 level. Price broke out in 2020 and has since been in a bull flag. After correcting to arc support the bull flag has now broken out paving the way for fireworks in the gold mining sector... Next reasonable target on the GDXJ is 100.
Privacy coins are going through a make or break year in terms of regulatory terms
Making strong progress in terms of Mainnet, Wallet development and introduction of Atomic Swaps
Venture Capitalist Backed Funding (Sell Pressure at highs)
FIb Retracement shows we can expect further upward movement and then some downward pressure
We can use the...
Looking at the historic chart data and recent price
spike & pullback it looks like all the bagholders from
2011 hights have sold out...well the ones that wanted to sell out anyway. from the recent pullbacks, it looks like we will see all-time highs from this point especially with gold on route to all-time highs
What do you think???
Se puede apreciar que el activo formó una bandera de teórica resolución al alza, también vemos que viene respetando la base el desdoble del canal propuesto en una idea anterior (linea de puntos Verde) con transgresiones temporales de la linea de tendencia bajista (linea Negra) quebrada la cual actuó como disparador
del interés en el papel. muy correlacionado al...
I think there is more upside risk than downside risk looking at recent moves it looks to me like it is at the beginning of an uptrend looking to retest the resistance level again hopefully it will break through if momentum builds on the way up.
What do you think??? let me know
Last year, the asset started a bullish rally (similar to the one that has just ended currently) that led the price to increase by more than 100%; From that moment on, the price corrected and began to generate a bullish channel (green dotted line ceiling). The correction it had then never reached the 0.382 Fibonacci retracement, but it was the 30-week weighted...
It has been a long & painful timeline to say the least with ARS but I think finally we are now on a good turnaround for the company.
Bear in mind that BoD have bought shares all the way up & same as Asipac.
We have now a new partner Aeturnun Energy which has recently bought into the company.
Aeturnun Energy 19.99%
Asipac Group 8.16%
Check timeline properly.
Every year around spring a swing starts on the upside as we kick start drilling operations.
BoD are all aligned with shareholders at a much higher price, why? because they believe in the project.
We ask ourselves why they would do a placing now? Because that's what normally mining companies do ahead of drilling as they need the cash.
Gold breakout & looking fantastic, next level I see is 1775
I'm a big holder of Ariana Resources AAU & have targets of 4p or 6.2p upon JV news within next 5 weeks.
Costs for mining are extremely at low level - $500
Look for gold producers with attractive ASIC!!
After seller exhaustion comes the bulls and I believe we are very close of a turn here which will take us to 3.64p-5.6p with right news.
I believe seller should be or is out as bulls come in.
Permit should be coming any day now after xmas holidays.
Gap to fill at 5.6-5.8p!
Medium term I can see us touching 8.48p
Long term 15p
copper price doing well as of...
Above t-line - bounced off 200ma weekly at 3p
One of my biggest holdings - trade pot & core pot.
Finance deal on any of their assets will see this rocket. Happy to hold in 2020.
Nickel after retrace now on a upswing
buy triggers nailed last 2 times on chart. third time?
As BTC price seems weak at moment & with seller at hand I failed to see any bullish case here at moment but could be wrong.
I have this company on watchlist with big interest, best to be patient & look to enter at ideal price level with unstable markets.
Next support level at 3.72p- 4.24p
Resource upgrade to come
Finance deals & DFS in H1 2020
Between 3p - 3.3p is an absolute bargain price where fundamentals make it undervalued
Also we got 200ma at 3.05p
Also we got 786 fibs at 3.11p
Also closing previous gap at 3.16p
Also got RSI support level at 3.3p
Target Price 6.2p
At the moment there is weakness but as crypto tends to improve around xmas time we could well see a nice uplift in this company
They specialise in mining Bitcoin among others.
6p to 7p support level
6.88p is 50% retracement of the highs
5.88p is 61.8 fib retracement
Scaling in 6p-7p looks like a good level.
Think we might head down to 200ma weekly support & also previous resistance here.
As gold might suffer a little next few weeks as other metals improve like copper nickel due to trade talks looking good
Buy Pan African Resources (PAF.L)
Pan African Resources PLC is a precious metals producer engaged in mining. The Company operates through six segments: Barberton Mines, located in Barberton South Africa, derives revenue from sale of gold to South African financial institutions; Evander Gold Mining Proprietary Limited and Evander Gold Mines Limited (collectively...
SELL – ANGLO AMERICAN (AAL)
Anglo American PLC is a mining company. The Company has a portfolio of mining operations and undeveloped resources with a focus on diamonds, copper, platinum group metals, and bulk commodities.
Anglo American recently delivered an impressive set of half-year results, yet the share price has fallen significantly in...