Franco Nevada is a phenomenal company that focuses on the royalty streaming platform (significantly muted risk) of precious metals and dips into other miscellaneous sectors (PGMs, Energy, etc). What's interesting is Franco will continue to surge faster and faster as Gold and Silver continue to go higher and higher, it really is that simple. This is not a mining...
Franco-Nevada continues to be one of my top stocks to be apart of for this impending precious metal run that I have forecasted for 2020. Whats interesting about FNV is it is fairly low in volatility and has none of the risk the mining sector can bring alongside, including that of high short interest.
With a portfolio also expanding into the energy sector, which...
One for you "gold bugs" out there
$FNV has formed a symmetrical triangle pattern since SEP
On the back of strong move from gold prices in the past 3 sessions we notice strong volumes (above 600k/day while avg is around 500k/day)
MACD crossed bullish signal and histogram now positive, RSI well into positive area and space to go higher
Look for a sustained breakout...
Meaningful support at $90 level - ascending pattern for gold with worldwide economic instability. Flock to value and stability. Still long-term on gold and silver-holding tight. $SLV, $KL, $RGLD.
Risk: China trade agreement/compromise.
Many investors would look at the ticker price of this stock and run away, however, this is one of the best performing "senior" stocks and has an incredible balance sheet, management and speculative future.
One of the biggest advantages is they are a royalty streaming company and not just in gold but also other platinum metals, gold, silver, oil, gas and other...
This stock continues to make higher highs and higher lows. I am always looking for entry in this continued bull run for gold from a macro POV. Good buy and sell points.
Shorting 100 shares of FNV
Gold seems to be sinking as good news keeps rushing in.
Holding this until it breaks the bottom range of this support and resistance pattern. I will take $300 out of this trade and my stop is $150.
Started short @ $92.36, Max loss is $93.86
Max gain will be $89.36
FNV Put Spread 90/95
EXP Oct 18, cost $1.59
Max loss is going to be $100 Max Gain is $2.21 Great Risk to reward ratio.
Gold is sinking as it topped out and sentiments are changing to a brighter outcome for the market in general with hong kong simmering down and china + america coming to some trade talks gold seems to be going lower for the time being.
Love this stock. It trades a 10$ spread regularly. It trades on both gold and oil , but mostly gold . Pays a dividend. More higher lows, we will see if there is higher highs. The volume is consistent. Love the stock. I start selling above 80 and start buying below 70.
Love this stock. It trades a 10$ spread regularly. It trades on both gold and oil, but mostly gold. Pays a dividend. More higher lows, we will see if there is higher highs. The volume is consistent. Love the stock. I start selling above 105 and start buying below 95.
I'd already been holding KL, but FNV caught my eye after positing a solid 32% earnings surprise and a volume spike to accompany it. I like they because they're diversified across more commodities than just gold and precious metals, and they're doing well in a sector that's seeing a lot of established players losing money. Technicals are looking good with the...
