Mineros SA
Long
Aktualisiert

Mineros will fly

291
Here could be a nice entry point. Gold continues to rise as it possibly in the mid of wave 3 of Cycle III.
Fundamentally, the company is hugely undervalued compared to other gold producers which possibly might be attributed to Colombia. Good management execution and recent interest from semi-big houses are nice and supportive.
Anmerkung
And it is still not late to join the ride!
Anmerkung
I don't really like choppy price action at the middle of the channel - it is quite difficult to count waves with the decent confidence, especially with low volumes. I took profit and trimmed 70% of my position.
Trade geschlossen: Ziel wurde erreicht
I decided to take remaining profit as gold prices go down and alternative count shows that an ending diagonal has been completed.
Snapshot

Haftungsausschluss

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