Downtrend on the short term here. Looks like this MIGHT go into $1.6 - $1.7 range. Careful if you have a position might be better to exit and get back in at the support level. *Please leave a like if you found this post helpful*
Hey y'all, I have been looking at gold prices and if we can get back above $1960/oz we should keep running up to $2000+/Oz. If this happens have your eyes on NGD, I have options in this company for $3 strike may 21. They are extremely cheap and We could see 100% gain on these contracts or higher. Gold Is looking amazing for the 2021 year and multiple analysts have...
this is a 30 min chart based on NGD trend following a nice wedge. hopefully, the news on NGD excess profits will drive it past resistance.
I believe it will retrace once it reaches my red box and fall to my green box
Ngd is hitting major resistance. In my opinion, it will drop.
Weekly closing is important to confirm the breakout.
Choked the trade because I wanted to close the books for July. Didn't go up anyway. Good decision. Jul 23, 2020 09:34 Shares traded: 10000 Closed P&L: $250.00 Share trade Tags: ibkr Edit Tags Add Notes Execution detail:Advanced > Date/time Symbol Qty Price Position 2020-07-23 09:34:20 NGD 5000 $1.580 5000 2020-07-29 09:41:37 NGD -5000 $1.630 0
If it breaks 1.30 it jumps up from there. Overall bullish trend, mostly positive volume history. *As always set your limits and stops
We have a Triangle Pattern completed on TSX:NGD with confirmation on many fronts. Let's look at the confirmations. 1) MACD Trend Strategy breakout occurring. I really love this strategy and it has done really well for me in the past. The sell signal here will be when MACD Line crosses back under the signal line. 2) We are trading above the moving volume...
New Gold Inc. is engaged in the operation, development and exploration of mineral properties. Its portfolio includes Rainy RIver, New Afton, and Cerro San Pedro. The company was founded on January 31, 1980 and is headquartered in Toronto, Canada.
Following this stock for today. I'm hoping to enter my position later today before the market closes. Anyone else trading this one? The reason why I am waiting to enter is that the current price is trading really close to resistance levels (1.64$). I'm interested in finding out whether the price will break through its resistance level or if the price will dip...
Trade update: NGD I have officially closed my 2 month swing trade on new gold inc for a 113% gain! 😁🥇 Why did I close and take profit? The daily is showing sell off pressure as the candle forms the red doji crossover. All 3 bottom ema dot indicators are going red. Will take till end of market for all indicators to close what they show, went ahead and cleared the...
Everyday you hear of recession and taking a quick look at gold stocks, they seem to be the safe haven and profit maker during financial uncertainty. Take a quick look at New Gold during the recession years of 2009-12. Gold stocks rose with the price of gold and this stock under $1 is an absolute must buy. NGD is in line with its historic lows of 2008 and has only...
Update from last post on this one, we added on april 2nd as we found support on the downward channel for a knife catch. Sort of the same approach that I took to capture my current 75% gains on gopro stock. This trade is still active. 3day has fired green strong non stop since then. Easy money to be made with our system! 💰💰💰💰 We find the best penny stocks!...
After exiting the downward channel and making a cup and handle New gold is ready for new targets!