Bullish outlook, but potentional correction first!Fundamentals:
Overall the quarter result was slightly better then expected. The high gold price will also lead to higher incomes in the coming quarters.
Technical:
In the short term it is possible that the support zone at 1,59 CAD will be tested, before going to the resistance lvl at 2,58 CAD.
ARX LongThis is a step away from my norm and I may be a little early. Very large Head and shoulder pattern, target seems a long way off and will try to trade a 3rd of the stock on monthly candles to the target. Wish me luck..
ALong
New Found Gold Second postThe trend since the end of February is still moving up with consolidation the last two weeks.
April 12th filled the gap down from Octover 2023 setting as well as setting the YTD High. I think May will be positive and move past the resistance levels and try to test the YTD high.
NLong
ERF LongLong entry on ERF. This feels like one of those i should have stayed away from. Been watching for a long time and missed several entries due to lack of funds. NASDQ pullback this week solved that problem. Energy tends to rally when tech does not so half normal position placed. Usual SL management and targeting the 50% retrace.
ELong
CANADIAN STOCK > short TOI Based on my graphic analysis I observe a bearish projection reaching minus 6% in the price of this corporation, that is; from $115 it will drop to $108. With a buy exit emerging at $122, it is worth remembering that the exact time the decline will take is unpredictable, the market will simply do its job. We can mention that it will happen within the next 15-20 days from this post!
REFERENCES:
* Green line: emergency exit price: $122 = -6%
* Red line: selling price (position) $115
* White line:
Bullish for NFG NEW FOUND GOLDlooking at the past 20,50 and 200 sma when they converged like they are about to soon, the price went on a little bull run. over 6 and hopefully close to 7 by mid may !? hopefully im reading this right, and with all the positive test results that have come back, im feeling bullish!!! this is just my opinion and also this is my first post.
NLong
TRUL Impulse completeIf you find this information inspiring/helpful, please consider a boost and follow! Any questions or comments, please leave a comment!
I think this is a produce company or something...🤔
Very nice clean chart.
So many ways to play this.
TShort
A breakout has just started on the weekly!Had to take a position on this today! Sprott is the largest holder (with 165 million shares). This long-term chart looks very similiar to Jaguar Mining (another Sprott company) that has taken off. A reverse head and shoulders forming on the monthly chart. It could still bounce sideways to lower in the near-term. If so, I doubt it will be dramatic. Could be an easy 10x from here.
WLong
Elliot Wave, Wave 3 Impulse just getting started. TSXV:LBCWe've had the initial Cup & Handle Pattern & subsequent breakout - exactly to the theory.
Now we've just seen an A,B,C retrace (W2) which was halted at the Cup & Handle breakout line for a fleeting Gap Fill.
This was also the 50% retrace level of the (W1) Impulse.
Should push on now (W3) with a target of $1.41
CET LongEntered this trade a few weeks back. Looking for the Major 236 and on for targets. Very long shot, the flip of the Daily MA's has prompted the entry. Going a little sideways currently.
CLong
Barrick Gold for a short playBought on March 11-13 and currently up. A one month play I am learning to take longer outlook trades s as not to lose my shirt. So are up about $260 Canadian. I think I will exit shortly. Some news happening around the fear causing war. Sometimes fear causes me to jump in deeper when the pack is running. I love a good short though. None the less I think the profitability is there. Listed as a strong buy by many coveted investors. Which is what makes me want to get out. Plus I think its a long pl
POT oddsWhen Mr Market gets crazy so do the odds and leverage ratio's in this study step falls to a 10 level on the 5 year screen , so anchor the long dollar risk amount which was 3.13 or so on the Zero price mark, then slide the middle bar down towards it until the amount of shares goes to a level 3100 or 10 x from where you start for shares.
Now assuming you have done just a little fundamental analysis go hard and if your scared throw at least 500 bucks at these things. This is based on some cool DCF
SLong
TRUL IS BULISH..According to the change of the trend in the weekly time, if it returns to the resistance ahead, there is a possibility of good buying in this area.
TLong
[Galaxy Digital]In the coming weeks, Galaxy Digital will suffer from the trend reversal in the crypto market and the decline in Bitcoin.
GShort























