Sibanye Gold the world's largest producer of platinum SBSW
Recommended here late 2018 at $2.50/share, now $13.95 - still good value.
The South African offspring of Goldfields.
Posted 20 November 2020 - 05:21 PM
Sibanye Gold the world's largest producer of platinum SBSW
Recommended here late 2018 at $2.50/share, now $13.95 - still good value.
The South African offspring of Goldfields.
Posted 21 November 2020 - 07:27 PM
i am looking for slv to first take out 24 then 26 then i would
perk up . until then it is a nice market to watch imo when it bottoms
we will know it it should take off like a bat out of
hell and keep going
a lot of stocks have had good earnings and have gotten killed
acting like a wave ii imho where you can think the whole rally is over
i am looking for a wave iii to follow here where it dawns on people yes
this is a bull market but i need to see some proof
Edited by gannman, 21 November 2020 - 07:36 PM.
Posted 21 November 2020 - 07:51 PM
i mean aem went from 84 on nov 6 to 67 on nov 19
what the heck ? nothing has changed about the company
except the stock price has lost 20 percent in two weeks
if you like the sector you have to like it here just my two cents
Posted 21 November 2020 - 08:03 PM
my take on the wave count is that on nov 6 we started a c wave of an abc
correction which is close to being finished. that is what i see
Posted 21 November 2020 - 09:33 PM
my take on the wave count is that on nov 6 we started a c wave of an abc
correction which is close to being finished. that is what i see
I'm seeing real potential for new low's here to finish off this correction, likely in mid 1700's.
If this C wave was to match A wave (early aug to late sept) in price.
Would also represent 50% RT advance from 1450 to 2050.
Posted 22 November 2020 - 12:41 AM
we could it is possible no doubt until we launch it is impossible to say where the bottom will be at
what i have noticed is that slv has held up better than gld . what that means i am not sure ha ha
but it has held up better than gld and then gdx
Edited by gannman, 22 November 2020 - 12:42 AM.
Posted 22 November 2020 - 11:04 AM
i think that i had posted this
https://pbs.twimg.co...=png&name=small
a new era for mining companies
https://pbs.twimg.co...=jpg&name=small
anything is possible. i am still thinking that 1850 now double bottom is the low.
we shall see
dharma
Posted 22 November 2020 - 06:38 PM
th weekly dgx shows three waves up off the spring lows doesnt it? and so this down cant be a 4 as it overlaps 1
idid we see an ABC up? or is this 2 of 3?
Posted 22 November 2020 - 06:39 PM
my take on the wave count is that on nov 6 we started a c wave of an abc
correction which is close to being finished. that is what i see
I'm seeing real potential for new low's here to finish off this correction, likely in mid 1700's.
If this C wave was to match A wave (early aug to late sept) in price.
Would also represent 50% RT advance from 1450 to 2050.
that is my favorite count. 1750 is also the bottom of the gold channel off the highs