Victoria Gold has just completed a deep 5 wave corrective wave but had a nice bump today on news they reported increased gold production putting it back above the 62% ret . We should see an increase in reported earnings soon . Also they are located in the same area where Hecla has been agressively buying up companies so i see them as a possible takeover target ....
Im adding Victoria near the bottom of the range here. Cup and handle, and possible major h&s on long term chart looks bullish. Major upside resistance @ 22 ish
Chart on Victoria Gold is now on my watchlist.
I aming to get it cheaper on MA200 (4h) if possible, for a cheaper entry and a better Profit/Risk Scenario
Thumbs up 👍👍👍
Last year + finished:
I say thank you and I take my Canadian money off the table.
Other opportunities calling at the Moment.
If price drops in the next few weeks maybe re-enter the market.
Greetings from Hannover
Stefan Bode
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