rig i think this stock is emerging out of a long bear market
not looking for quick returns but think its a good long term buy
dyodd please
Posted 21 August 2022 - 02:45 PM
rig i think this stock is emerging out of a long bear market
not looking for quick returns but think its a good long term buy
dyodd please
Posted 21 August 2022 - 03:44 PM
we saw GDX and HUI actually register a new WEEKLY closing low on Friday, weekly RSI divergence was registered as well at oversold levels. With a setup like this IMO we either bottom relatively soon or perhaps see a crash, interesting week coming up.
Persona note: I am really trying hard to restrain myself from replying to posters who include political opinions in their posts, we live in very trying ad divisive times where facts often cannot even be agreed upon. If I and others go there it will turn this forum into a "******** show" like so many others have become. This forum IMO is not the place for that, I ask those who do to please stop
Senor
the bottom dropping out here would surprise the most imo
Posted 22 August 2022 - 04:46 AM
just take a look at dust . seems like its completing 5 waves up
that should be the bottom for this sector when it tops
Posted 22 August 2022 - 05:00 AM
i will be adding some stuff in the mining sector today fwiw
still need to see this thing rally obviously
Posted 22 August 2022 - 07:27 AM
PL probably about as far as it can dip under 900 without completely rolling back over.
IF it does not get back above 900 pronto, could be trouble....
Yikes...pic perfect backtest of 900 and then plunge....plenty happy to be standing aside here....
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
Posted 22 August 2022 - 08:31 AM
Gold is a buy!!!!!
Posted 22 August 2022 - 09:20 AM
looking like G/S ratio may have swing top...
see if Silver can regain foothold over 19 here....
Edited by K Wave, 22 August 2022 - 09:21 AM.
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
Posted 22 August 2022 - 09:58 AM
i am seing divergences in this sector lets see if it can turn into positive price action
Posted 22 August 2022 - 10:17 AM
Maybe Gold can do better, but Palladium sure looks like it has given up the fight after the Russia/Ukraine blowoff, and is just now entering long term bear mode...
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
Posted 22 August 2022 - 10:30 AM
Bought this, been waiting.