Hmmm. Potential expanding channel bounce off support. This one is a knife catch but could lead to 100% return. Diversify.
So this was following golds trend back in May/June Gold has since taken back off after the C19 crash but new gold has not. Most people liquidated their funds to have cash on hand from what I understand. I would hold this tho with the rising gold prices I am sure it will make a nice recovery.
Check out our chart on gold mining stocks. If you look back, you will see how gold mining stocks always boom during election years as political and economic uncertainty take hold. Expect anywhere from 200% or more in the price of NGD . The price has been in a descending channel , but it looks like it has recently broke and flattened which could only mean it is...
Maybe a final downward move in an Ending Diagonal, target $0.60/share BUY but may not get that low. min $2 target by Eof 2020.
Ngd broke out of its down trend and fought the upper trend line until Friday when the bulls got the upper hand. May move sideways this week but expect to see 2.00 in the near future.
Indicators all pointing down, nice short opportunity here. All tied up right now, so I can't take advantage.
Broke through 1.20 resistance and retested. Looking for buy signal around 1.22/1.23 to enter.
More likely to the upside since weekly still above BB.
Buying NGD on Pullback to 340 Day SMA @ $1.30
Signs of cracking here at 0.85 will be waiting this to spike at open so I can short the shit out of it at high of day and try catch the top and ride the wave down I will be expecting a green to red tomorrow. Will only play if it brings unusual vol early in the morning
Although the Precious Metals Miners are a bit of a mixed bag, there are a couple of interesting stocks for an aggressive long setup. One of the opportunities is New Gold (NGD). Strong bullish divergence in combination with sector outperformance (near-term) suggests a fierce recovery move is getting under way. A bounce well into the CLoud resistance is the least...
A PICTURE IS WORTH A THOUSAND WORDS AMEX:NGD TSX:NGD
NGD may pop up as some chart patterns do and fill some gaps. In the mean time it may test lows or make new lows.
AMEX:NGD Entered NGD at 1.23 on February 11th. Looking for a Gap fill. Target area is pretty wide.
I've been looking at NGD for years now. We are looking to a 25% move up for the next weeks. Since august - september drop under 30% day RSI (14), we've had what i consider a good sign : it's 2 consecutive green Vol Days (14), second one is higher, combine with a price move up, higher than previous close. Both move got a 10% move up witch is what i'm looking...