We've been on a bearish move for very long, we are now touching Moving average (20) and we are out of under 30% RSI week (20) everything looks good for febuary 15th Zack prediction between 1.30$ and 2,20$ is coming see my other analysis of Day RSI (14)
Hi guys, I'm Rob from Macro Insights. Today I have a piece on Gold outlining why from a probabilistic outcome Gold is a fantastic opportunity on the long side. I believe you have to look at each asset and analyze 1) the macro top-down picture, 2) a fundamental bottom-up analysis of the asset, 3) what is the positioning/sentiments & 4) you gatekeeping, technical...
Looking at one gold miner we could see a possible bottom is taking place. Gold miners *usually* go up for only a few reasons. 1) Price of gold is rising 2) They found what they were looking for 3) They found more than they were looking for This bottoming structure is a symptom of #1 Original NGD analysis: This stock has been very good to me
Might be GOLD related, which is on bullish run at this time. $3.00 is for resistance noted on chart, then $4.00. That is reason why you would need to have a lot of shares to see any descent results.
The weekly breakout has arrived. On the verge of a major reversal. I see this going to $6 per share. I believe we could reach double digits long term. Previous analysis: I am long from 2.56, 2.77, 3.15, and 3.05
We see a nice Triangle forming, and heading onto a possible breakout. As we are in a longterm down trend, the breakout will possibly be to the downside. Still I advise us all to wait for the breakout and then even for a retracement if you are conservative. As usual, I wish you all the best
as we can see, price goes up right now. I suppose it will continue to the top of that channel, and if we are lucky, even break out (resistance was tested four times already!). I will jump in on this one, since it seems to be a good classical channel. Any comments, suggestions?
I think the big opportunity in here is the long trade. I actually am not taking the short trade on this due to trading restrictions. I will however go long if we see price reach the 2s. BIG PICTURE
Stock exhausted!! LIFETIME opportunity in a miner!!
Besides the past few months, this year has been extremely bullish for $NGD. Now that price has come to a major support area, It looks like the trend is going to reverse. I really like this trade due to the Squeeze Momentum Indicator showing bullish divergence, while also indicating a squeeze is going to happen. Also, on the WaveTrend Oscillator it is near oversold...
Gold miners have been beaten worse than a 20th century French army. The momentum looks good. Time for a turn around.
NGD is trading in an uptrend and at the moment it is in a corrective phase. If the rising trendline holds i'm expecting a new wave up with a potential gain above 30%. A strong breakout of the rising trendline invalidates this setup.
on monthly chart 50 day around 7.50 on monthly strong j pattern all indicators strong above cloud stop loss top of cloud
WEEKLY BAT PATTERN COMPLETE AT 2.28 Catch the CD of cypher. Buy at 2.14 sl:1.5 tp1:3.76 tp2:4.91 tp3:5.7