Support @ previous earnings' candle. Approaching on last year's pivot. Might be retesting bear sell poknt or just getting back on bullish territory.
Possible trend break. Retesting the 50 REA. Bounce on the 38.2 FibR & previous earnings candle.
=====UPSIDE TARGET $8.40====== COMPANY PROFILE Alamos Gold , Inc. engages in the exploration, development, mining, and extraction of precious metals. It operates through the following segments: Young-Davidson, Mulatos, Island Gold , Elchanate, Kirazli, and Corporate and Other. The company was founded on February 21, 2003 and is headquartered in Toronto, Canada.
Extremely bullish setup in AGI with a breakout from Inverse H&S on very higher volume, Gold in in a breakout and AGI looks certain to extent its current breakout. Remains bullish until The precious metal commodity markets takes a dip. AVERAGE ANALYSTS PRICE TARGET $7.39 AVERAGE ANALYSTS RECOMMENDATION OVERWEIGHT P/E RATIO SHORT INTEREST COMPANY...
I keep a watchlist of precious metals and materials stocks that I watch as a barometer of the value of their underlying commodities as well as the market's sentiment on putting capital into safe harbor investments in times of market headwinds. Well, I've written quite a bit about this with my other articles about Kirkland Lake and Franco Nevada Corp, so see those...
Long! Due to better production performance in 2018 and the upgrade on the fields will result a better one in ‘19 combined with the incresing gold price will result better margin.
AGI - Rising Wedge Continuation Pattern Entry: Over 3.82 Target 1: 4.11 - 100 MA Target 2: 4.78 - 200 MA Support 1: 3.59
Should have a lot of engery behind it like most stocks should coming this monday, should be a steep and in quick succession if the volumes there
AGI looks like it is on a path to $0 before $100. Weekly chart shows a declining triangle as part of an overall downtrend. This suggest the stock will breakout lower. the stock continues to test the $6.00 support. I would say if it breaks below $5.80ish it will not return to $6.00 for a long time .... if ever. Time to let this one go if you own it.
* (Almost Identical To My Other Analysis Of ABX) AGI has been in a sideways consolidation mode since Jul 2016. Prices have formed converging trendlines . There are 3 short term possibilities ahead: (1) Minuette (e) is completed and prices will rally and breakout of the long term triangle. (As shown on chart) (2) Minuette (c) is still forming and will a new...
Check out this elliott wave count on alamos gold, combine it with the GDX gold etf analysis i made earlier and you have a perfect storm that could generate higher prices. I would not like to see prices below the 200DMA and 100DMA anymore, bulls should managed to develop a solid uptrend from this area. The stock also gave some nice earnings results. Dont trade...
Alamos has just broken a year old resistance. Gold price is pretty up, earnings were also better than expected. If this holds above, the stock might fly.
Looks like it might break out, but I'm not getting my hopes up.
AGI DOUBLE BOTTOM FROM 2017/04/05 TO 2017/05/24 BREAKOUT 9.36 TARGET: 10.50 (+13%) INCREASING MANSFIELD SECTOR INCREASING MANSFIELD. COMPANIES BOUNCING FROM SUPPORTS