NEM chart looks more and more bullish to me - is it leading the way?
Senor
THE PRIMARY WAVE THREE thread and finding the Intermediate wave TWO corrective low
Started by
senorBS
, Mar 05 2021 02:27 PM
2512 replies to this topic
#51
dougie
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Posted 10 March 2021 - 01:32 PM
#52
senorBS
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Posted 10 March 2021 - 02:13 PM
NEM chart looks more and more bullish to me - is it leading the way?
Senor
Looks better than others, but, I am not sure if its not an ABC correction? I think that GDX is the key.
IMO pretty much EVERYTHNG looks corrective into recent lows from Aug highs or even in silver and silver miners from more recent highs. That does not guarantee a bottom as we could have even more crappy zigzags to new lows. Just have to see how this bounce progresses and IF it become more that a "bounce"?
Senor
#53
senorBS
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Posted 10 March 2021 - 02:28 PM
Huge volume on FNV. Today is ex-dividend day.
also we have earnings after the close today, Zach's consensus .69 vs .59 a yr ago
Senor
#54
linrom1
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Posted 10 March 2021 - 05:33 PM
Huge volume on FNV. Today is ex-dividend day.
also we have earnings after the close today, Zach's consensus .69 vs .59 a yr ago
Senor
Blows out 4th QTR, literally. Net Income +56%. EPS $0.93 vs $0.59
#55
linrom1
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Posted 10 March 2021 - 05:37 PM
Huge volume on FNV. Today is ex-dividend day.
also we have earnings after the close today, Zach's consensus .69 vs .59 a yr ago
Senor
Blows out 4th QTR, literally. Net Income +56%. EPS $0.85 vs $0.59
#56
JGUITARSLIM
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Posted 10 March 2021 - 06:21 PM
Lotta these cos. are cash cows especially at these metals prices. Cant think of more fundamentally sound sector ...
Someday the masses will awaken!
Someday the masses will awaken!
#57
senorBS
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Posted 10 March 2021 - 08:32 PM
Huge volume on FNV. Today is ex-dividend day.
also we have earnings after the close today, Zach's consensus .69 vs .59 a yr ago
Senor
Blows out 4th QTR, literally. Net Income +56%. EPS $0.93 vs $0.59
nice
Senor
#58
senorBS
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Posted 11 March 2021 - 11:42 AM
watchin the dollar VERY closely, corrective lows from decline lows a few weeks ago "might" have ended, "if correct" dollar could go into a very rapid and large decline and this time I think gold would rally strongly "if" that occurs. Did a little buying on the pullback but smaller amounts at this time and could exit before close, we see
Senor
#59
jabat
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Posted 11 March 2021 - 12:03 PM
Eric Hadik is looking for a low in PM next week.
#60
CHAx
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Posted 11 March 2021 - 01:21 PM
Eric Hadik is looking for a low in PM next week.
A test of /GC ~1705 asia/euro session or around 9-10am tomorrow, will probably be the deciding factor whether the low is in or whether we have another week of selling. If a test of 1705 is successfully rallied above 1732, I'd say odds are very high that an IT low is in. If not, well, lot of different bear scenarios are back in play.
