Long
KRR KRRGF Breakout Plan
Here is a possible plan for our KRR breakout that has just formed. With a trailing PE of 8, a forward PE of somewhere around 4-5, plus all of the potential news in the pipeline, gold and GDXJ ready for a reversal, KRR is due for a rerating to the upside.
Also phases of the moon for good measure. Gold tends to start rallying on a full moon.
Also phases of the moon for good measure. Gold tends to start rallying on a full moon.
Note
Purple are long term trends, the Blue is the recent wedge, green support, red resistance.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.