We are back at 2018 levels, and a recent double bottom, for Metalla Royalty.
When the downtrend is eventually broken, I expect a quick pop back to the longer-term trendline
Relative strength of this stock in the Gold Mining and Gold Royalty sector.
This thing is just not selling off that easily, I have a feeling it will outperform during the next run up.
I'm not sure when that is, as recently growth data has picked up in the US. So it may be a quarter or two away. They may also create another liquidity crisis again in order to...
Imagine being able to go back to pre-COVID time and buy a gold royalty company. Before you knew the US deficit and Fed balance sheet would go supernova.
Well, this one (and SAND) are almost there. I added some more on today's dip. If they go down further I will just keep adding.
Gold held up well today considering the weakness in SPY & QQQ. Maybe the...
Metalla Royalty is, as the stock name suggests, a royalty and streaming gold and silver company. That is, it gains revenue off a royalty stream, not the act of mining.
Similar to Sandstorm and Franco-Nevada, Metalla is the "up and comer" for royalty streaming and has a strong management team.
Currently, much of the gains for Sandstorm and Franco-Nevada are baked...
Metalla Royalty, trading on the Venture exchange, has started to form a rounded bottom continuation pattern. This could set up a trading opportunity if the price pulls back, consolidates, and then breaks out of the consolidation higher (at least this is how I like trade the pattern).
I have put estimated trade levels, providing for a roughly 3:1 reward:risk.
At...
![MTA: [Long] MTA](https://s3.tradingview.com/j/JZy2MYly_mid.png "[Long] MTA")
