Sell COPPER As a basic observation in The Monthly chart of copper Futures (HG1) . Copper reached during the last year it's highest levels since 2011 breaking its all time high . As a result of the high demand from china in 2020 and the lower production from the miners in Chile and Peru .
In the other hand the Chart has shown selling configuration .There's a high probability that the prices might visit the 4.7 level before it starts dropping down and visit some of the lowest levels passing by $3.5 - $3 as first target in the next few month and if the price breaks down this level then the target will be $2.5 , and there is a lot of fundamental reasons .
-Lately the Li Keqiang Index has dropped down as sign of china's Industrial situation . and as known the high correlation between Copper and the Li Keqiang and it lower the demand on copper in 2022 .
-Chile started rising its production rate so this will affect the supply in the market .
-The US federal Bank has been declared that they will rise The Interest rate by the end of March and it will affect all industrial and technological sectors.
Mining
$XAUUSD 1855 appears to be its target*This is not financial advice, so trade at your own risks*
*My team digs deep and finds stocks that are expected to perform well based off multiple confluences*
*Experienced traders understand the uphill battle in timing the market, so instead my team focuses mainly on risk management
Things are heating up with gold $XAUUSD. We are all aware of how violent its movements can be when it is let off its leash. My team developed itself into what it has become today from trading $XAUUSD and Bitcoin $BTC. We have plenty of experience predicting their price movements.
In our post from yesterday we mentioned that some members of our team bought into mining company Harmony Gold $HMY yesterday to profit from golds rise. They will plan their next move once gold begins to head into the 1850s.
If you want to see more, please like and follow us @SimplyShowMeTheMoney
$XAUUSD the big move is near*This is not financial advice, so trade at your own risks*
*My team digs deep and finds stocks that are expected to perform well based off multiple confluences*
*Experienced traders understand the uphill battle in timing the market, so instead my team focuses mainly on risk management
Nerves are high whenever we look at this bad boy. If this move is as big as we think it's going to be people are about to make a lot of money. People are also about to lose a lot of money. Some people on my team are speculating that you should go long here, others are neutral.
Nobody on our team is bearish on this call.
A gold mining company called Harmony Gold $HMY is where some of us have parked a little cash in case this is bullish.
If you want to see more, please like and follow us @SimplyShowMeTheMoney
FIRST QUANTUM MINERALS - LONG TERM BULLISHFirst Quantum Minerals shows an interesting long term chart pattern. On lower timeframes, FM completed its corrective wave (2) at 50% of the fib retracement and price has broken the terminus of wave (1). This provides confirmation that an impulsive wave (3) in now occurring and we could expect the next target levels.
1. CAD$ 58/share
2. CAD$ 74.45
Disclaimer: This technical analysis is intended for educational purposes only and must not be taken as investment advice.
NCZ catching up with the largest Zinc producersNCZ is now somewhere around 12th largest zinc miner in the world so it's worth comparing with the top zinc miners. Chart starts at COVID stock recovery date.
High volatility but catching up.. Can't wait till the announcement of starting to mine Copper in Tasmania.
Will the price reach the green line before the next quarterly earnings meeting? Bets please
MIN - Diamonds are a girls best friendDiamonds have a future especially now that buyers are concerned with providence.
The major swing that occurs from Oct 20 from the lows 37.40ish to the peak in Aug 21 is where I've taken my analysis from. It's a slow mover but consistent for a technical setup.
Price has hit a 61.8 Fibonacci retracement of the major swing and price is now heading up.
The 1st level to take profit is indicated by the red line of 127% Fibonacci Extention - 75.20ish of this swing.
It may double top at the previous high.
Diamonds are in demand especially Australian mined diamonds. Just my plan - do your own due diligence before you trade.
Canaan reversal coming soon. Technicals: RSI is oversold and looks like it is reversing. The price has also reached a long term support of around $4.6.
Fundamentals: Canaan stock has a high correlation with the price of Bitcoin as they produce the hardware to mine Bitcoin. The market cap is under $850 million. The bullish news is the sale of 30000 of their flagship Avalon mining kits to Genesis Digital Assets (buried in their latest SEC filing investor.canaan-creative.com). The price of the latest Avalon miner is between $6500-$8500 (cryptominer.deals). This equates to around $180 million in sales (if we use a lower end cost of $6000 per miner). Genesis Digital Asset also has the option to purchase an additional 150000 units in the future (the total options are for 180000 units minus the purchase of the recent 30000 units). If that sale goes through, its an additional $900 million in sales which could make this stock highly undervalued. The rise in bitcoin price will cause the stock price to also rise alongside. This may be a good long term hold.
Price target: $15+
Note: This is not financial advise. Please do your own research.
ANY bounce from the strong support ??ANY Sphere 3D wants to rival MARA and RIOT in 2022.
Peter Tassiopoulos, CEO of Sphere 3D: "We have successfully pivoted to the cryptocurrency mining industry with the purchase of our first 60,000 miners, capable of producing 6 exahash of capacity. we have secured an agreement with Gryphon Digital Mining to have Core Scientific host and manage about 230 megawatts of bitcoin mining capacity, which covers over 71,000 bitcoin mining machines."
This strong support area seems like a great buying opportunity!
My short term price target is the 6.2usd resistance.
Gold (XAUUSD) - Support, Resistance, Trendlines, Pattern - 2021Gold (XAUUSD) - 2021 - Support, Resistance, Trendlines, Price Pattern - Daily Chart:
Price Pattern: Descending Triangle.
-Resistance Price Levels (colored horizontal lines above current price)
-Support Price Levels (colored horizontal lines below current price)
-Trendline Resistance (diagonal yellow lines above current price)
-Trendline Support (diagonal yellow lines below current price)
note: chart is on log scale.
Silver (XAGUSD) - Support, Resistance, Trendlines - 2021 - DaySilver (XAGUSD) - 2021 Support Resistance, Trendlines (Daily Chart):
-Resistance Price Levels (colored horizontal lines above current price)
-Support Price Levels (colored horizontal lines below current price)
-Trendline Resistances (diagonal yellow lines above current price)
-Trendline Supports (diagonal yellow lines below current price)
note: chart is on log scale.
$CLF no cap this is my teams biggest holding*This is not financial advice, so trade at your own risks*
*My team digs deep and finds stocks that are expected to perform well based off multiple confluences*
*Experienced traders understand the uphill battle in timing the market, so instead my team focuses mainly on risk management*
Recap: My teams still holding $CLF shares from our three entries at $13.27, $18.06, and $20.60
My team is increasing our $CLF shares at $22.35 per share on the market open of 11/8/21. We have increased our shares four different times already on this trade. This may shock you guys but $CLF has now become my teams largest holding. We're confident and adding more shares because $CLF smashed their 3rd quarter earnings and are set to succeed next quarter as well. Also if $CLF attempts and is able to break past resistance at $26 once more then we expect a rally begin.
ORIGINAL ENTRY: $13.27
2ND ENTRY: $18.06
3RD ENTRY: $20.60
4TH ENTRY: $22.35
If you would like to see more, please like and follow us @SimplyShowMeTheMoney
$RIOT breaking key resistance level. Road to ATH? I believe if this week manages to close candle above 40$ level, it will go to ATH.
It has been consolidating for months on a wide range, so the breakout alongside $BTC could be huge and fast.
With earnings next week and BTC trying to break ATH level it seems a pretty interesting trade to hold on year's end bull run.
I will buy some shares on Friday depending on price action, and Monday will add some weekly 40$ calls if BTC shows strength during weekend.
NOT FINANCIAL ADVISE.
WWR three-baggerHuge triangle in the making. Expecting the price to break up from current channel (happening right now), and then from the triangle itself. It will fly. Target @ 20, but I think it will do much more later on. Cheers!
Bullish Fundamentals and Technicals !!before saying anything I would like to mention the upcoming Drill results which could be a serious catalyst for the price of Labrador Gold corp. So in term of due diligence I do not just speak to Technical chart but also to extensive research such as Grades ,jurisdiction, financials and more.
with that in mind, looking at TSXV:LAB one cant not notice the following Indicators:
-Bullish diversion in Momentum in the MACD : ✔
-Bullish diversion in Momentum in the RSI : ✔
(which are both signalling upside in the near term)
-also the STH Daily Bollinger bands are signalling a contraction to the upside : ✔
With regards to further TA :
-Double bottom Formation : ✔
-possible Resumption of 200 Simple moving average : ✔
-Breakout from diagonal resistance and back test : ✔
The Chart is screaming BUY BUY BUY BUY !!!!!!!!!!
VOX PROVIDES DEVELOPMENT & EXPLORATION UPDATESBased on this strong operator progress, Vox management expects that 2022 has potential to be a record year for discovery drilling, engineering studies being released and projects moving into production.”
Key Development Updates
• Update on the feasibility study, permitting and construction financing at the South Railroad gold project in Nevada by Gold Standard Ventures;
• First production guidance reiterated for H2 2022 at Bulong gold project by Black Cat; and
• Substantial drilling updates at the Bowdens silver project by Silver Mines, the Higginsville mine by Karora, the Pedra
Branca platinum group metals (“PGM”) project by ValOre, and the Uley graphite project by Quantum. South Railroad (Pre-Feasibility) – Feasibility Study Expected Q1 2022
• Vox holds a 0.633% net smelter royalty with advance minimum royalty payments over part of the South Railroad gold project, which is located in the prolific Carlin Trend of Nevada;
• Vox received initial advance minimum royalty payments of ~C$100,000 from the South Railroad royalty in October 2021;
• On November 10, 2021, Gold Standard Ventures announced:
o It anticipates that the feasibility study for the South Railroad project will be completed in Q1 2022;
o In-fill drilling results at the Pinion deposit indicates the possibility of converting approximately 350,000
contained ounces of gold for inclusion in the feasibility mine plan in Pinion Phases 4 and 5, expected to be
majority royalty-linked based on historical disclosure by Gold Standard Ventures;
o Expected timing of the Record of Decision permit is anticipated to be in Q1 2023; and
o It anticipates commencing the construction capital financing process in conjunction with the release of the feasibility study in Q1 2022.
• Vox Management Summary:
The South Railroad project is advancing in line with Vox management expectations based on due diligence completed for the royalty acquisition in June 2021. The majority of the additional ~350,000 ounces expected in Pinion Phases 4 and 5 are expected to be royalty-linked and to generate meaningful royalty revenue for Vox. 2022 promises to be a transformational year for South Railroad with the release of a feasibility study, construction financing process updates and permitting progress.
To read more of the RNS www.voxroyalty.com
RIO2 - The definition of Cheap & Low RiskInsider-Buying is ramping up:
01 Oct 21 Buy CA$2,750 Andrew Cox Individual 5,000 CA$0.55
10 Aug 21 Buy CA$201,500 Albrecht Schneider Individual 310,000 CA$0.65
10 Aug 21 Buy CA$341,250 Alexander Black Individual 525,000 CA$0.65
10 Aug 21 Buy CA$25,025 Kathryn Johnson Individual 38,500 CA$0.65
---
Stock in the growth
Strong insider-Holding : ✓ - 23% (10.2% Eric Sprott)
Strong Management : ✓
RIO2 : President CEO, Founder Alex Black
previously president ,CEO & Founder of RIO ALTO Mining Ltd
previously president ,CEO & Founder of Chariot Resources Limited
Huge success in developing and taking into production previous Mining companies.
Strong Reserves : ✓
Undervalued : ✓
---
Based on our analysis this stock should be sitting at a conservative value of $2. 40 @ $35 silver price
Silver One Coming back to life !!Silver One - TSXV:SVE coming back to life. Insiders started to adding again and huge volume coming in pushing the prices higher after record CPI data.
Strong Management - ✓ - 9/10
Strong shareholders - ✓ - 9/10
Strong Upside - ✓ - 8.5/10
Reserves - ✓ - 8/10
---
new position taken @ 0.31