LGDTF // cup handle formationAlthough there is a cup handle formation image in the chart, the targets are drawn according to Fibonacci. As a formation condition, we should look for closings above the 0.2752 level.
Liberty Gold Corp
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In-depth trading ideas
Mild Bullish Divergence in LGDTFI don't know if anyone actually trades this, but I've been holding some bags on this piece of crap for a couple of years (don't ask) and check in on it from time to time.
It's been trading in a decent range for the past 6 months (give or take) and recently put in a new low at $0.66, creating a very mild Bullish Divergence. Its Correlation Coefficient to gold is currently near 0, but historically oscillates closer to 1 (as you'd probably guess).
This is not a prediction, and certainly not a t
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[Long] Liberty Gold Bullish Running CorrectionThe Gold bull market continues to surprise to the upside. Now that Gold is at all time highs, it opens the door to investors who prefer to buy big breakouts.
Here is Liberty Gold with what I think is a bullish running correction, very similar to the one I posted in Gold itself a while ago.
Price unable to make a lower low even after a strong move, MACD has been cooling off while OBV shows very strong dip buying.
Over 1.80 and I would expect to see a strong move higher. It can consolidate fo
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Liberty Gold Analysisshort term - it could retrace to the bullish trend line.
long term - higher probability of it hitting 1.98 and 2.40.
As I begin to get enquiries on my opinion on different stocks, ETFs, etc , please note that what I am offering is NOT a trade advice but merely additional information you can used for reference purposes. Trading/investment can be risky so always employ stop loss, exercise appropriate capital management and whenever in doubt, wait on the sideline.
Just because others are getting
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LGD - Small Miner with PotentialThis is a Katusa pick, but it is showing some breakout. Track accordingly I will buy below the trend line as gold stays macro positive.
Liberty Gold - Moving along the Upwards TrendlineJust moving along the Upwards Trendline for now. Bear in mind, this company hasn't made a single profit. But has a great balance sheet. Will take a long while, before it can produce gold.
One possibility is a potential sale of the discovered mine. But the company needs many more drill reports, to verify the size of the find.
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[Long] LGDTF weekly breakout potential.Liberty Gold has been consolidating under resistance for like 10 weeks now. It's got a LOT of energy built up if it breaks higher.
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LIBERTY GOLD CORP - TSX: $LGD.TO OTC: $LGDTF Buy On PullbacksOver the course of the past several weeks, market participants were witness to a major multi-year break-out in Gold, the physical metal, and as a result, numerous precious metal mining stocks have found the wind at their backs and have followed-through with exceptional upside action with LIBERTY GOLD CORP - TSX:LGD OTC:LGDTF one such example as evidenced in the Daily chart above.
With the stock recapturing its 200 DMA and now trading above all of its important moving averages 20/50/200 DMA's
