Not completely convinced Alamos Gold has bottomed in (2). Here's a notional projection if it has. Deeper (2) would actually raise these targets slightly. Stop at 6.04, or as deep as 4.50 if your position is small enough and your horizon long enough...
Shares of basic material companies are surprisingly surging up after several days of down consolidation. Companies such as Alamos Gold Inc., Golden Minerals Company, B2Gold Corp, Fortuna Silver Mines Inc. and Gold Fields Limited are performing extremely bullish for the last two sessions during which two vital bullish candle patterns have been formed: engulfing...
Long Term profit. Patience is the key cut your losses quick and get out quick
Watch this golden cross developing over the next weeks, very bullish Chart.