GDX printed a nice hammer candlestick in today’s session on above average volume. I really like the technical setup in gold stocks right now. We have a bullish flag formation […]
Tag: Charts
Is A Top Forming In Amazon?
I can find a lot of charts where stocks have only made it a quarter or halfway back up from their April-May bottom. And these are stocks that should be […]
GDXJ Breaks The Bear Market Downtrend On Massive Volume
GDXJ officially broke out of it’s bear market downtrend channel last month on a huge increase in volume. The number of shares traded was around 130 million which is approximately […]
Coffee Provides Another Entry Point
Coffee is one of the best performing markets this year. After a huge breakout it’s pulled back for multiple months now and sits right above the 30 week EMA. This […]
Is A Monster Move Coming In Stillwater Mining?
Stillwater has been in a bear market since 2011 along with the precious metals sector. But notice how it made a bear market low in 2011, which is similar to […]
Uranium Testing 10-Year Lows
It’s rare when you find a market that is testing lows from 10 years ago. Uranium had a nice rally earlier in the year but was slammed back down in […]