Should run around Feb 8th give or take.
As stated in the Video...Enjoy!!!
2020 Revenues = Record 93 Million. That's with several mine shutdowns due to covid. I believe most if not all of those mines were restarted due to being declared essential businesses! Gold started 2020 at $1,525 and rose to $1,800 USD in July. Was in a range of $1,800 to $1,900 the last 6 months of 2020. Sandstorm is about the same price now ($6.99 USD 1/11/21)...
Sandstorm has a great future however it has fallen below the last support line as I see it. As part of my long term holdings I will be adding big time if we get another COVID crash as we did back in March 2020. SAND is cashed up with no debt and a nice credit line so perhaps they will add another nice deal coming up. "Price is what you pay and value is what you get-RR"
Currently -general downtrend, bottoming out on the daily lows (50% retrace)-notice the macd+rsi divergence against the general downtrend -look at previous divergences when macd+rsi travel in the opposite direction -flat lows, then reversal when macd+rsi diverge - GAP filled above 50% retrace of march lows and beginning of bull run. -~3 bounces around 50%...
Nice job painting the pattern on this fundamentally great Gold royalty company. If we get some panic selling, I will leg into this aggressively and hold for the LT. This stock is trading at its 2012 levels and while Gold is flat relative to its 2012 peak, one has to consider the amount of growth, cash flow, and royalties this company has accumulated in 8 years.
9.15.20 The DXY looks like a failed Bear Trap and is probably going lower...possibly into a bullish Gartley pattern. Whatever happens to the DXY, expect a reciprocal move in gold and silver. This is a difficult market because the dollar is in a fairly narrow range and narrow ranges create more difficulty with less opportunity and higher risk in relation to a...
I admit, I'm caught a little flat footed because I was "buying the dip" at higher levels. But broadly, I see one of my favorite gold royalty companies dipping to the 50ma. I could have been more patient to pick up these prices, instead of buying earlier dips. But, it is what it is. There could still be more downside / consolidation, but iMO the slower this...
NYSE:SAND AMEX:SPY TVC:SPX SAND from GOLD Sector getting Stronger WEEKLY CHART waiting for Entry and Join
A nice break out of descending triangle/canal depending on your support draw. Also RSI greater than 50, first SAR point and three mean buy signal. All those factors combined give us a strong buy signal.
i think well continue the uptrend into next month target of $10.34
The combination of a shooting star (on an upward trend) combined with a red volume, signals a short-term reversal.
Will be looking for a possible long on market strength